Negotiating contract with an offshore supplier is tough. McMillan LLP referred to it as “outsourcing” or transferring a business activity or function from a client/customer to a local or international third party supplier or service provider” (2016, p. 1).
This is a common practice now in the operations of business companies since the global economy has facilitated the transfer of goods and services even across national borders.
Many companies nowadays turn to outsourcing in order to compete more effectively in the global market. This is because Continue reading “Negotiating Contract with an Offshore Supplier (SAMPLE GLOBALIZATION ESSAY)”