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Outsourcing Global Management Inc. Essay

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EXECUTIVE SUMMARY

Innovated Global Management Inc. can benefit from the expansion of its business within Vietnam directly by increasing its yearly revenues and indirectly by promoting a skilled workforce and boosting the economy in this country. The results, analyzed in the report, were researched and prepared by VAHD Inc. to raise the attention of these benefits. Research of this topic was requested by Innovated Global Management Inc. looking to find information to aid its expansion into Vietnam.

Our final conclusions and recommendations on the expansion are based on our research of similar companies in Vietnam and also an interview of a member of our team who is versed in the business environment of Vietnam paired with our secondary research using online resources.

Analysis of the data collected revealed the following benefits due to expansion:

1. Revenues. Total revenues from taxes and other sources of income projected in the first year of business total $1 million and are expected to double to $2 million within the next four years.

2. Employment. In the first years of business it is expected to employ 80 workers with wages at $870,000. By 2017, the number of employed workers will reach 200 workers and the wages will increase to $2 million.

3. Indirect benefits. The expansion will offer more highly skilled positions for the Vietnam workforce which will help boost the economy.

It is recommended that the expansion into Vietnam commence based on our analysis of the

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