College application essay length: December 2019

Saturday, December 28, 2019

The Articles Of Confederation Essay - 1332 Words

This document was written in the 18th century specifically during the Federalist Era. It was written 18 years after America won independence from England on July 4, 1776. This lead to the creation of the Ã¢â‚¬Å"Articles of ConfederationÃ¢â‚¬ which were made primarily for the people because they feared central government having all power. Then at The Annapolis Convention (1786) is where the groundworks of Ã¢â‚¬Å"The U.S. ConstitutionÃ¢â‚¬ were discussed to replace the Ã¢â‚¬Å"Articles of ConfederationÃ¢â‚¬ . The following year the Constitution was composed on September 17, 1787. The idea of the constitution was seen as ownership papers for citizens. The constitution provided the Ã¢â‚¬Å"checks-and-balancesÃ¢â‚¬ idea which limited powers between the three branches created: Congress, Supreme Court, and Executive. As well as provided a Ã¢â‚¬Å"Bill of RightsÃ¢â‚¬ , which James Madison promised to the people in order to get the Constitution ratified. The executive branch lead to the position of a President and for the President to make appointments and treaties. So as a result of the powers of the Executive branch, it lead to the Election of 1788 and 1792 where the Commander-in-chief- was elected unanimously by the Electoral College in both elections. Since the President felt uneducated, he created Presidential Cabinet to help surround himself with expert advisors. One appointment position primarily important to this document, was given to Alexander Hamilton of Secretary of the Treasury. Due to taxes made by Hamilton, it created aShow MoreRelatedArticles Of The Articles Confederation961 Words Ã‚ |Ã‚ 4 PagesThe Articles of the Confederation The Articles of Confederation was ratified on March 1, 1781. It limited CongressÃ¢â‚¬â„¢s influence and power over the colonies, but allowed them to manage foreign relations or Indian affairs, coin money, maintain a postal service and as a last solution, intervene with any disputes between the states. After the Revolution, Americans wanted to avoid tyrannical or monarchy government, therefore letting each state rule over themselves would eliminate having to report to higherRead MoreArticles On The Articles Of Confederation1069 Words Ã‚ |Ã‚ 5 Pagesin the Articles of Confederation, which was addressed in the Constitution. The paper will cover the how the Constitution addressed the complaints in the Declaration of Independence. Another topic of the paper will be the Great Compromise and how the representation of states in Congress was determined. Finally, the paper will view the treatment of slaves for the purpose of representation and the effects thereof. Weaknesses in the Articles of Confederation Early weaknesses in the Articles of ConfederationRead MoreThe Articles of Confederation593 Words Ã‚ |Ã‚ 2 Pages The Articles of Confederation was first written in 1777. It was passed by the Confederation of Congress. Congress decided that they needed a firm government to organize the states as a whole. At least that was their primary goal. Since each state had separates rules. The Articles of Confederation was later ratified by each state in 1781. It was Ã¢â‚¬Å"AmericaÃ¢â‚¬â„¢s first federal constitutionÃ¢â‚¬ (Keene 138). The confederation had a few strengths but many weaknesses. The nation faced many economic and politicalRead MoreThe Articles Of Confederation Essay1574 Words Ã‚ |Ã‚ 7 PagesTo have more power than what is normally allowed, would that not be similar to that of a dictator? The issue of power in America goes all the way back to the creation of the Articles of Confederation. As history shows, that system ended in a complete failure because of how scattered it was o n top of the power each state possessed. This was a huge problem for the country, so by March 4th, 1789, the United States Constitution went into effect and changed America forever. It addressed most problemsRead MoreThe Articles Of Confederation2202 Words Ã‚ |Ã‚ 9 PagesWith the dilemma of revising the failures of the Articles of Confederation, a group of people known as the Federalists; wrote a bundle of essays for the proposal of a new Constitution, also known as the Federalist Papers. The proposal of the U.S. Constitution was originally rejected by the anti-Federalists who opposed the idea of having a Constitution. In order convince those who were in opposition of the revising the previous Articles of Confederation with a new Constitution, James Madison, AlexanderRead MoreThe Articles of Confederation and The Constitution1238 Words Ã‚ |Ã‚ 5 PagesAmerica, our government has been defined by two very important documents. Reflecting on all governments of the past, they laid fort h an impressive jumble of ideas that would lead the way to where we are today. These two documents are the Article of Confederation and the U.S Constitution. These two documents of precedent are both similar and unique, each with its own pros and cons, and neither being perfect. Both these documents addressed the prominent vital in national vs. state sovereignty, legislativeRead MoreThe Constitution And The Articles Of Confederation1373 Words Ã‚ |Ã‚ 6 Pagesand who would enforce them? I will address some of the differences between the Constitution and The Articles of Confederation. The Articles of Confederation were designed and formed from the thirteen states that created a Confederation known as the Ã¢â‚¬Å"league of friendshipÃ¢â‚¬ ; their goal was to find solutions for problems; and one of the first attempts to create a system. The Articles of Confederation was our nationÃ¢â‚¬â„¢s first constitution; during the last years of the Revolutionary war, the governmentRead MoreThe Articles of Confederation Essay973 Words Ã‚ |Ã‚ 4 PagesConstitutional Convention, WashingtonÃ¢â‚¬â„¢s presidency, or the three branches of government; the Articles of Confederation were created. This fledgling government, proposed in 1777, was doomed to never take flight, being replaced in 1789, when the Constitution was effected under Washington. This raises the question: Why did the United States discard The Articles of Confederation for the Constitution? Ultimately, the Articles were simply a weak form of government. However, economic issues, difficulty of ratificationRead MoreE ssay on The Articles of Confederation523 Words Ã‚ |Ã‚ 3 Pagesmaintaining order. However, the first document crafted by the founding fathers, the Articles of Confederation, did preserve the country new found independence but it did not maintain order. The Articles of Confederation described by many founding fathers to be a document that was crafted to satisfy needs of every state for its ratification, even when the document did not present a responsible democracy. The Articles of Confederation granted all national powers to the congress; however, it allowed each stateRead More Articles Of Confederation Essay632 Words Ã‚ |Ã‚ 3 Pages From 1781 to 1789 the Articles of Confederation provided the United States with an ineffective government, however there were some strong steps taken in the articles to try and make the United States a better country. The articles created a loose confederation of independent states that gave limited powers to a central government, known as Congress. Some actions taken by Congress, such as the Treaty of Paris, and certain powers that were given to them were sometimes beneficial to the United States

Thursday, December 19, 2019

Kabataan Sa Makabagong Henerasyon - 4601 Words

Essays. The essay was a popular form of expression for the early writers. As early as 1926 essayist expressed the need for literature that was native and national. Many essays first appeared as newspaper columns and later they were published in anthologies. In 1921 Zoilo M. Galang published Life and Success, the first volume of essays in Ebglish. In that year Zoilo M. Galang also published anoher book of essays, Master of Destiny. Among the early essay writers might be mentioned F.M. Africa, Francisco Benitez, Jorge Bacobo, Amador Daguio, Leandro Fernandez, M.M. Kalaw, Pedro de la Llana, I.V. Mallari, Ignacio Manlapaz, Fernando Maramag, Camilo Osias, Claro M. Recto, Carlos P. Romulo, and Eulogioo B. Rodriguez. Short Stories, Virginia R.Ã¢â‚¬ ¦show more contentÃ¢â‚¬ ¦The students and the people in general learned English quickly. Even in 1899 there were English newspapers such as The Courier, Insular Press, and Manila Freedom. In 1900 the Daily Bulletin was founded, while The Cablenews started in 1902. The Philippines Free Press began in 1905, edited by F. Theadore Rogers. At first it was a bilingual weekly in English and Spanish. In 1908 it published the first Filipino short stories in English. In that same year, 1908, the University of the Philippines was founded. This school became the forerunner in the use of English for higher education. In October of 1910 the University of the Philippines Ã¢â‚¬â„¢ College Folio was published. This magazine printed the works of the first promising writers in English. These early selections were mostly ghost stories or folk tales explaining natural phenomena. Often the authors taught a moral message which was evident even at a first reading. Among the famous early teachers of English might be mentioned professors Dean S. Fansier and his wife Harrlott Ely Fansler, George pope Shannon, Tom Inglis Moore, Harold p. Scott, and C. V. Wicker. In literature classes they taught the works of Chaucer, Milton, Bonne, Shakespeare, Irving, Hawthorne, Emerson, Thoreau, Poe, Longfellow, Bryant, Harte, Holmes, Lowell, Shelley, Keats, Colerighe, Lamb, Joyce, Tennyson, Thackeray, Macaulay, and other famous writers. For composition themes they encouraged the students to write about folk tales and their ownShow MoreRelatedAng Pag-Aaral Sa Mga Makabagong Henerasyon Ng Tula: Isang Pagsusuri2693 Words Ã‚ |Ã‚ 11 Pagesgaling sa salitang titik o letra, samakatwid, upang maging bahagi ng panitikan sa tunay na kahulugan ng salita, kailangan ito ay nakasulat. Ang alinmang bansa o bayang matatawag ay may sariling panitikan. Sa pamamagitan ng panitikan, ang kasaysayan at pinagdaanan ng isang bansay nababatid. Subalit kamiy naniniwala na ang panitikan ay kabuuan ng mga karanasan ng isang bansa, mga kaugalian, paniniwala, pamahiin, kaisipan at pangarap ng isang lahi na ipinahahayag sa mga piling salita, sa isangRead MoreAng Epekto Ng Teknolohiya Sa Pag-Uugali Ng Mga Mag-Aaral1584 Words Ã‚ |Ã‚ 7 PagesTEKNOLOHIYA SA PAG-UUGALI NG MGA MAG-AARAL SA BARANGAY 68 SONA1, TUNDO, MAYNILA Ipinasa ni EMIL ALBERT V. BERTILLO KABANATA I Ã¢â‚¬â€œ ANG SULIRANIN AT KALIGIRAN NITO 1. Panimula Tungkulin ng mga kabataan ang mag-aral. Kapag ang kabataan ay napagod na sa kanilang pag-aaral, sa pagrerebyu halimbawa sa kanilang pagsusulit, dalawa ang maaaringgawin nila. Una ay ang magpahinga o matulog para may lakas sila upang ipagpatuloy angkanilang pag-aaral. Sa kabilang banda, maaari silang magpatuloy sa paggawaRead MoreFliptop2681 Words Ã‚ |Ã‚ 11 Pagesng pag-aaral ay tungkol sa pagsusuri sa mga wikang ginamit sa flip top, ngunit ano nga ba ang flip top? Ang fliptop ay isang paligsahan ng mga rapper o mga taong gumagamit ng rap sa pagsasalita. Ito ay may dalawang panig, bawat isa ay kailangang mag-rap sa loob ng isang minuto. Sarisaring panlalait, pang-aasar at pang-iinsulto ang laman ng rap na binabanggit ng mga kalahok. Paano nagsimula ang flitop? Ayon sa isang lalaki na nagngangalang Alaric Yuson o mas kilala sa tawag na Anygma, isangRead MoreFilipino Thesis4803 Words Ã‚ |Ã‚ 20 PagesFar Eastern University Sampaloc, Manila Institute of Accounts, Business and Finance Epekto paggamit ng cellphone Sa Mga PilingMag-aaral Isang Proyekto Bilang Pangangailangan sa Filipino Ipinasa kay Professor AliciaÃ‚ M. Cabrera Ipinasa nila Princess Mae Modesto Kim Atienza Talaan ng Nilalaman Kabatanata I Suliranin at Sandigan ng Pag-aaral Panimula Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 1-2 Batayang Teorya Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 2 Konseptwal na Balangkas Ã¢â€" Talahanayan Blg 1 Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 3

Kabataan Sa Makabagong Henerasyon - 4601 Words

Wednesday, December 11, 2019

Compliance Management System

Question: Describe about the Compliance Management System? Answer: Executive Summary This management report will be prepared after thorough research and will aim at promoting an appropriate compliance management system for an organisation. The main aim of preparing this report is to present a suitable compliance management plan. The organisation that has been selected is Woolworths Limited an Australian retail organisation with an extensive retail in Australia and Nez Zealand. Founded in the year 1924 in Sydney, Australia, Woolworths Limited manages some of the most recognised and trusted brands of Australia. The organisation requires a compliance management system so as to maintain support with local compliance and investigation, design reviews and corporate audits. This report carefully and clearly outlines the type of compliance management system that will be most suitable for Woolworths Limited, the main aims and objectives that the system will seek to accomplish, how this system will be established in the organisation, the methodology which eill be used to moni tor the system, the technique of evaluation, etc. Establishment of System A Compliance Management System is defined as a system which enables as an organisation to maintain support with the local compliance and investigation, corporate audits and design reviews (Tarantino, 2008). In broader sense, compliance management system is how an institution: Learns about its compliance responsibilities Ensures that employees understand these responsibilities Ensures that requirements are incorporated into business processes Reviews operations to ensure responsibilities are carried out and requirements are met Takes corrective action and updates materials as necessary An effective compliance management system is commonly comprised of three interdependent elements: include Board and management oversight, Compliance program, Compliance audit (Tarantino, 2008). Board and management oversight: The Board of Directors is ultimately responsible for developing and administering a CMS that ensures compliance with federal consumer protection laws and regulations. Compliance Program: A financial institution should generally establish a formal, written compliance program. In addition to being a planned and organized effort to guide the institutions compliance activities, a written program represents an essential source document that will serve as a training and reference tool for all employees. A well planned, implemented, and maintained compliance program will prevent or reduce regulatory violations, provide cost efficiencies, and is a sound business step. Compliance audit: A compliance audit is an independent review of an institutions compliance with consumer protection laws and regulations and adherence to internal policies and procedures. The audit helps management ensure ongoing compliance and identify compliance risk conditions. It complements the institutions internal monitoring system. The Board should determine the scope of an audit, and the frequency with which audits are conducted. The organisation for which a Compliance Management System has to be established is Woolworths Limited. The company is the major Australian Company with an extensive retail in Australia and New Zealand. The Compliance Management System for Woolworths Limited will be carefully and appropriately established (McDaniel, 1990). It will ensure that effectively learns about its compliance responsibilities and that the employees understand these responsibilities. It will also see how Woolworths Limited analyses operations and ensure that all the responsibilities are efficiently carried out and requirements are met well in time. The establishment of Compliance Management System involves a series of steps (Tarantino, 2008). Checking the inventory: IT personnel should check the inventory appropriately to know what is on the network to determine whether its in compliance. Auditing: Second step in establishing an effective Compliance Management System is the auditing. Definitions: Third step is to be clear about what needs to be accomplished in order to be in compliance. Segmenting devices and mandates: Fourth step is to separate the devices and mandate for which these have to be put for. Monitoring: Fifth step is to keep monitoring the system in order to ensure that nothing falls out of compliance. Fix non-compliance situations: After monitoring, there might be some situations which are non-compliant. Hence, it is crucial to fix them immediately so that these shouldnt create any additional problem (Holmes, 1992). Reporting and documenting: Finally, every step is documented and reported to every department. This is a seven-step approach that is followed for establishment of Compliance Management System for Woolworths Limited. Monitoring Methodology The Compliance Management System will be monitored to judge whether the methodology and impacts are proactive and effectual (Nelson, 1991). A strategic approach or methodology will be adopted to make sure that the system is monitored perfectly. Continuous monitoring method will be made use of throughout the Compliance Management System (Roland, 2008). Under this method, monitoring will be carried out all through the system and made an ongoing activity (Creech, 1994). This methodology will serve as a feedback mechanism to ensure that the aims and objectives of the Compliance Management System are effectively met (Houston, 1997). This monitoring methodology will also help to review and check disparate documents from multiple processes, and help identify the potential risks to the business activities carried out by Woolworths Limited. The monitoring will also be done by meeting the personnel of Woolworths Limited after the system has been established (Roland, 2008). By doing this, it wo uld be easy to gather and analyse information on performance of the employees in accordance with the plan of Compliance Management System. It will also help in knowing the effectiveness of the entire system. Results and Analysis All in all, the certain tasks will be followed and accomplished to make sure that the Compliance Management System effective enough in fulfilling the aims and objectives of the system. These tasks are as follows: 1. Developing the compliance policies and procedures.2. Training the management and personnel in their specific compliance responsibilities and duties (Juran, 1995).3. Checking and reviewing all the policies and procedures for compliance will the applicable laws, as well as regulations, and also the stated policies and procedures of Woolworths Limited4. Identifying and evaluating emerging issues or potential risks to Woolworths Limited and ensuring corrective measures are taken well in time (Angel, 1998).5. Performing an effective monitoring and analysis of the Compliance Management System All the powerful existing or potential risks and problems will be analysed and it will be made sure that the necessary actions are taken immediately (Zouhair, 2012). Later, the results of the entire system will be observed and maintained, and further analysed for the effectiveness of the Compliance Management system. Most compliance initiatives start as projects to meet compliance deadlines for a specific regulation. However, compliance is not a one-time event. Organizations are thus redesigning their compliance programs to make them repeatable, sustainable, and cost-effective. Traditionally, homegrown systems, stand-alone applications, or even manual paper-based systems have been used to manage various compliance processes at the departmental level. But as various compliance initiatives become more intertwined from a regulatory and organizational perspective, multiple and disparate systems lead to duplicate, and often contradictory processes and documentation. Such environments do not provide clear visibility into organizations' risk and compliance profiles. They also bring down efficiency, and escalate the risk of non-compliance. Conclusion: The research work, planning, implementation and monitoringof the Compliance Management System will be carefully carried out. Overall, the personnel of Woolworths Limited will be trained in their particular responsibilities and duties in relation to the implementation plan. After the employees are trained become well versed with all their responsibilities, the monitoring of the system will be carried out (Cri, 2013). It will be made sure that all the goals and objectives of the Compliance Management system for Woolworths Limited is successfully fulfilled and met. Compliance Management Responsibilities for all personnel Department management teams have an affirmative duty to continually monitor and address compliance concerns specific to their areas of responsibility. A critical aspect of compliance is the organizations ability to detect and correct problems at their source through the active involvement of individual managers. Department management responsibilities include: 1. Promoting and supporting compliance with all applicable laws, regulations, policies, procedures, and the code of conduct,2. Identifying compliance risk areas within their own area of responsibility,3. Supporting the resolution of identified compliance issues within their area of responsibility and for reporting compliance issues and problems to the Compliance Officer.Departmental managers and supervisors at all levels will:1. Maintain compliance with laws and regulations as well as URMC standards, policies, and procedures that pertain to their area of responsibility;2. Stay current with applicable laws and regulations as well as URMC standards, policies, and procedures relevant to their area of responsibility;3. Stay current on regulatory agency updates and changes and ensure that their subordinates have a clear understanding of those affecting their duties and responsibilities;4. Make regular compliance training and education programs available to their subordinates;5. Identify p otential risk areas specific to their departments scope of responsibility and notify the Compliance Officer;6. Assist the Compliance Office, as deemed necessary, in compliance auditing and monitoring, including the implementation of any necessary changes or remedial action based on findings from auditing and monitoring activities;7. Receive and resolve problems and concerns identified by employees;8. Maintain an open-door policy that provides employees with ample opportunity to raise problems and concerns;9. Encourage staff to come forward with compliance issues or concerns and support and enforce the URMCs non-retaliation policy;10. Investigate problems or concerns reported by employees and implement necessary corrective or remedial actions. References: Tarantino, A. (2008). Compliance Management System. Governance, Risk, and Compliance Handbook. Roland, A. (2008), "The ABCs of GRC", SAP GRC For Dummies. Zouhair, T. (2012), Aiding Compliance Governance in Service-Based Business Processes, IGI Global, pp. 524548, Accessed 2 Mar, 2015. Cri, R. (2013), "Internal Auditing: Assurance Advisory Services" Angel, R. (1998), "Total Quality Management: Origins and Evolution of the Term", The TQM Magazine (Bingley, United Kingdom: MCB University Publishers Ltd) 10 (5): 378386. Houston, A. (1997), Total Quality Leadership: A Primer, Washington, D.C.: United States Navy, pp. 1011, OCLC 38886868, 97-02, Accessed on 2 Mar, 2015. McDaniel, M. (1990), Total Quality Management Case Study in a Navy Headquarters Organization, San Diego, California: Navy Personnel Research and Development Center, p. 1. Nelson, T. (1991), COAST GUARD TOTAL QUALITY MANAGEMENT (TQM) GENERIC ORGANIZATION, Washington, D.C.: United States Coast Guard, COMDTINST 5224.7. Creech, B. (1994). The Five Pillars of TQM: How to Make Total Quality Management Work for You, New York: Truman Talley Books/Dutton, p. 153. Juran, M. (1995). A History of Managing for Quality: The Evolution, Trends, and Future Directions of Managing for Quality, Milwaukee, Wisconsin: ASQC Quality Press, p. 596. Holmes, K (1992), Total Quality Management, Leatherhead, United Kingdom: Pira International, Ltd., p. 10.

Wednesday, December 4, 2019

Business Process Outsourcing Relationships-Samples for Students

Question: Discuss about the Advantages of Outsourcing Business Functions. Answer: Introduction The growth of business across the globe over the past years has lead to a consequent rise of functional tools. Among the several metrics in the corporate industry, outsourcing is recognized as one the most influential aspect. In addition to lending a helping hand towards new firms, the concept has successfully provided direction to well performing enterprises. It is noted that the multi-dimensional feature along with its several benefits and limitations has greatly affected decision making process (Mann and Graham, 2016, pp. 530-548). Moreover, with modernization outsourcing is not only done domestically but also at an international level. On the other hand, being an integral factor, the tool is referred to be a strategic approach for organizations. This particular project takes into consideration the advantages and disadvantages of outsourcing business functions. Furthermore, the report tends to compare and contrast various published resources with a motive to understand the notion in a detailed manner. In addition to a practical approach, various reviewed articles, books, and journals have been utilized to analyze literature gaps and thereby come to a proper conclusion. Project Objective The major objectives of this report are as follows: To analyze the several advantages gained by outsourcing functions in a business To analyze the several disadvantages gained by outsourcing functions in a business Project Scope Outsourcing of process in an organization is a complex topic that requires detailed analysis and investigation. The use of secondary sources in this report helps to understand the concept in a comprehensive manner. Further, a thorough research into the field enables to locate gaps in the literature. This project tends fill up the pitfalls and evolve with a suitable conclusion. Literature Review Advantages of Outsourcing Business Functions Outsourcing is recognized to act as a support system to business operations. Being a multifaceted aspect, outsourcing can be divided into several phases. The journal by Lacity and Willcocks (2014, pp. 66-92) classifies advantages of the feature into the following type: Expert Operations: As compared to inexperienced workers in a company, outsourcing allows access to expert knowledge and skills. Apart from building up relationships with professionals in the industry, the tool enables firms to gather and benefit from their technical know-how. Additionally, Wuyts, Rindfleisch and Citrin (2015, pp. 40-55) states that outsourcing agencies also take an interest in business firms by providing them with external investments as well. Enhances Core Business: Outsourcing activities from a firm helps the management to differentiate between core and non-core functions. An increased concentration on core processes not only helps to develop competency levels, but also contributes towards building competitive advantage factors (Gerbl et al., 2015, pp. 505-518). Moreover, consideration of outsourcing within a firm assists in developing a more functional strategy for development as well. Cost Reduction: Similar to the journal of Lacity and Willcocks (2014, pp. 66-92), the book of Szymczak (2013, p. 59) include a detailed insight into the advances of outsourcing. It is noted that a decrease in expenditure results in a rise of savings. Moreover, products and services are modernized and fulfil the needs of customers at a comparatively lower cost. The 20%-30% cost cut-down by external agencies, significantly help in stabilisation of newly built companies (Chou, Techatassanasoontorn and Hung, 2015, pp. 30-43). Enhanced Innovation: Outsourcing business processes directly or indirectly aids to develop a sense of innovation within a firm. An increased focus on core activities enables the workforce to work in a proficient manner. Further, a rise of creativity also tends to strengthen work relationships along with increasing productivity levels. However, Auksztol and Chomuszko (2013, pp. 131-144) considers this factor to be not happening in the real world. Time Management: According to Verma, Singh and Gupta (2013, p. 125), businesses are built upon the foundation of uncountable operations. Every activity requires time and attention by the employees. Moreover, peak seasons also lead to a rise of demands that need to be taken care of by firms. Stanfield and Thompson (2014, pp. 189-209) emphasises on the fact that outsourcing helps to lower pressure and handle activities effectively along with timely delivery. However, apart from the five major advantages mentioned in the work of Lacity and Willcocks (2014, pp. 66-92), outsourcing tends to offer a few other benefits as well. Moreover, the journal does not take into consideration the modernized facet of outsourcing. As stated by Smogavec and Peljhan (2016, pp. 410-423), the various ways in which the tool helps an organization as the following: Outsourcing helps the management to join hand with specialized agencies that guide towards escaping risks and dangerous situations. The growth of social and digital media enables firms to contact freelancers at any corner of the world to perform overseas outsourcing. It is noted that creation of contractual agreements in the process helps to lower informal relationships and communication within an organization. Outsourcing activities not only simplifies management of projects, but also ensures timely delivery and increased customer satisfaction. Disadvantages of Outsourcing Business Functions According to Cromie and Zott (2013, p. 131), outsourcing of business processes tends to possess various drawbacks that severely limit its effectiveness. However, Mol and Brewster (2014, pp. 201-234) mentions that the various difficulties can be controlled with proper planning and coordination between a company and an external agency. The four principle disadvantages stated in the work of Mosca and Bordelon (2017, pp. 170-198) are the following: Internal De-motivation: An increase of outsourcing functions might make the internal employees de-motivated. Further, the increase of dependency on external professionals would also result in a growth of incapability among the workforce as well. On the contrary, Parlour (2016, p. 439) declares that outsourcing human resources and its several phases would develop capacities. Lowered Managerial Control: Outsourcing a process from the company makes its beyond the reach and governance of the management. An increase of dependence on external firms also leads to loss of individuality. In addition to a collapse of administrative control, outsourcing tends to limit creation of competitive advantage factors (Lacity and Willcocks, 2015, p. 147). Also, there is a rise of informal and casual behaviour with lowering control of the supervisors or departmental managers. Planning Risks: Successive planning for the future is one of the most crucial aspects for growth of business. It is noted that outsourcing of activities at times result in low outputs, which limits the capability of a firm. On the other hand, external professionals who have no idea about the motives of a compact add up liabilities. As mentioned by Peck (2017, p. 373), it is the appropriate balance of interior and exterior workmen that ensure fulfilment of targets. Information Risks: In addition to intellectual capital risks, excess outsourcing tends to build up confidentiality issues for an organization. As per Oshri, Kotlarsky and Willcocks (2015, p. 439), the increase of reliability on agencies put necessary information at risk. On the other hand, stealing of private data is another issue that confronts outsourcing. Moreover, the creation of such a situation along with leading to loss for any firm also significantly affects its relationship with big third parties. However, in addition to the four major drawbacks stated by Mosca and Bordelon (2017, pp. 170-198), the work of Bowman (2016, pp. 195-201) reconsiders disadvantages of outsourcing. Apart for the above mentioned limitations, Hill (2015, p. 489) list down a few more which are as follows: Despite of outsourcing being considered as a cheaper option, there exists few hidden cost that greatly affect budget of a firm. Like every organization, external agencies consider outsourcing to be a form of business (Molinelli and Paccagnella, 2013, pp. 417-428). It is noted that being financially attached to any outsourcing company leads to a rise in risk levels. Outsourcing incorporates various moral issues. Customers without a preference for this aspect tend to disregard any organization that involves in these activities. Lastly, exchange of complex data that governs business activities is an inflexible task. Based on the idea of Garrigos-Simon, Gil-Pechua?n and Estelles-Miguel (2015, p. 129), it can be stated that problems like this arise in the case of overseas outsourcing. Conclusion Based on the above project it can be inferred that the concept of outsourcing hold quite a few advantages and disadvantages that greatly impact its smooth functioning. Further, it can be understood that with a growth of the corporate world and the aspect within it, there has been a rise of external agencies as well. Concerning benefits of outsourcing, expert operations, cost reduction, enhanced innovation, time management and a focus on core business tend to be the most contributing factors. On the contrary, dynamics like internal de-motivation, lowered managerial control, planning and information risks are considered to be most adversely affecting elements. However, there do exist a few more facets that acts as a benefit or challenge to business firms. Also, analyzing the literature in the field it can be inferred that there lies gaps that need to be filled. Furthermore, it can be concluded that with development of effective plans and coordination with the management, a business org anization will be able to control the various negatives and enjoy the benefits of outsourcing. References Auksztol, J., and Chomuszko, M. (2013). Business processes outsourcing: Origin and development.Zarza?dzanie I Finanse,pp. 131-144. Bowman, A. 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