| There is a great flight of work from western world | | | | Good outsourcing companies place quality assurance |
| companies to third world countries. This is due to the | | | | in high regard in their priority list. This makes for a |
| very attractive cost differences between | | | | comparative advantage as boards or firms that |
| owner-operated businesses and outsources operated | | | | review their operations certify their capabilities. This is |
| contracts. But in order to maintain the quality of work, | | | | all the more important in offshore outsourcing |
| there are some factors that need be considered | | | | companies as the need for these acronym |
| before engaging an outsourcing firm, and here are | | | | certifications would be an assurance and seal to the |
| some of them. | | | | work that the company can provide the client. |
| 1) Highly trained personnel | | | | 3) Low cost to output ratio |
| Third world countries often have highly educated | | | | The exchange rate is to blame for this. The average |
| populations but with very few opportunities to use | | | | worker in a third world country is paid less than a |
| them. This is the aspect of a good offshore | | | | comparative developed country worker for the same |
| outsourcing company can exploit, as the service that | | | | amount of work. This is because of the equivalencies |
| can be provided would be top-notch as the personnel | | | | in pay ratios and the foreign exchange rate. In the end, |
| are highly educated and well versed in the business of | | | | the lower cost is not because of the lesser output, but |
| the client. As a client, the personnel capability is crucial | | | | because of the lower value of the third world country |
| to the determination of how good an outsourcing | | | | money value compared to the developed country |
| company is. | | | | currency. |
| 2) Quality assurance initiatives | | | | |