Defining Marketing - 805 Words

Defining Marketing Colleen P. Dalton MKT/421 November 26, 2012 Stephanie Burns Defining Marketing The purpose of this paper is to define the term â€Å"marketing†, explain the importance of marketing in organizational success, and provide examples from the business world to support the explanation of its importance. Upon completion of this paper it should be understood what Marketing means and its importance in today’s society. Marketing There are many definitions of the term â€Å"marketing†. My personal definition of marketing is the advertising of a business to promote its products or services to the public by means of radio, newspaper, billboards, etc. According to Kotler and Keller (2012), â€Å"Marketing is about identifying and†¦show more content†¦PowerAde sports water target those who are fit, healthy, and do sports (The Coca Cola Company, 2012). The Coca-Cola Company when advertising has a primary target market of those who are 13-24, and a secondary market of 10-39 (The Coca Cola Company, 2012). Another example of a business that targets a specific consumer would be Gerber. â€Å"Gerber offers products that are infant specific and target new parents and caregivers alike† (studymode.com, 2012). The bold Gerber Generation marketing campaign – developed by DraftFCB, New York, – uses the voice and aspirations of today s youngest children to bring to life the company s full-line of stage-based nutrition products and resources for children from birth to preschool (The Gerber Generation, 2010). The development of the campaign and the continued expansion of the Start Healthy, Stay Healthyâ„ ¢ Nutrition System reflect the company s commitment to helping create a healthier generation (The Gerber Generation, 2010). Finally, the Starbucks Corporation is another business that targets a specific consumer. Starbucks has been able to gain such a large share of the market by catering specifically to a well-defined target audience (â€Å"Chron.com†, 2012). Starbucks primary target is men and women in the age group of 25 to 40, which accounts for almost half of its customer base (Chron.com, 2012). Although Starbucks’ primary target is an adult group, it also targets young adults with 40% of its sales, and targets kids andShow MoreRelatedDefining Marketing802 Words   |  4 PagesDefining Marketing Deby Chan MKT 421 – Marketing Norbert Gray Jr. July 3, 2011 Defining Marketing There has been much misconception about what marketing really it only about commercials on the television or billboards that dot the highways, advertisements in the paper or salesman attempting to sell you their products. Many believe that this is marketing but marketing is much more complex than the advertising and the selling of goods and services. In fact, the above mentioned elements onlyRead MoreDefining Marketing981 Words   |  4 PagesDefining Marketing What is marketing? More important, what importance does marketing have on an organization s success? In this paper, marketing will be defined. Included will be my personal definition of marketing, the definition found in Marketing Management, and the definition found in Basic Marketing. Based on these definitions, I will explain the importance of marketing in organizational success. Definition of Marketing There are several definitions of marketing. Although many sourcesRead MoreDefining Marketing1022 Words   |  5 PagesTo fully understand the importance of marketing and organizational success one must understand what marketing is. Marketing and marketing decisions are the key to an organizations success. Without the marketing process and marketing strategies an organization is sure to fail. To me marketing is the communication of products to a specific target market, and marketing plans are based on the four P’s of the marketing mix: product, place, promotion, and price (Perreault, Cannon, amp; McCarthy, 2011Read MoreDefining Marketing983 Words   |  4 PagesMarketing has become a part of society and a huge part of the American culture; one has only to observe the timeless art of Andy Warhol and the iconic Campbell’s Soup Can at the National Gallery of Art in Washington, D.C. A personal definition of marketing is creating a product or service that fulfills a need and taking the idea from a concept to the kitchen table. Business Dictionary defines marketing as â€Å"the management process through which goods and services move from concept to the customer†Read MoreDefining Marketing Paper1010 Words   |  5 PagesRunning head: DEFINING MARKETING PAPER Defining Marketing Paper Bonnie Garcia University of Phoenix Marketing is an important part of the business organization; it is more than just promoting and selling a product. Marketing is gratifying the changing needs of the customer. This can be best summed up by the very successful businessman Bill Gates when he quoted, Your most unhappy customers are your greatest source of learning . The purpose of this paper is toRead MoreEssay on Defining Marketing869 Words   |  4 PagesMarketing is one of those things that surrounds your everyday life and you dont even realize it. A challenge of a good marketing manager is to make a person or customer to not even realize that they are targets of a marketing campaign. To define marketing in my own words; giving products a place to perform or show to enhance a buyer. Marketing is a truly important function of business. It is basically the wheels of motion to get a business to profitability. For example, a merchant has a widgetRead MoreDefining Marketing Paper1008 Words   |  5 PagesMarketing Paper Marketing an important part of the business organization, it is more than promoting and selling a product. Marketing is satisfying the changing needs of the customer. The very successful businessman Bill Gates can best sum this up when he said, Your most unhappy customers are your greatest source of learning . The purpose of this paper is to define marketing from at least two different sources, based on these definitions explain the importance of marketing in organizational successRead MoreDefining Marketing - Importance of Marketing in Organizational Success1005 Words   |  5 PagesDefining Marketing Michelle Watson Marketing 421 April 16, 2012 Kim Wm. Houseman Definition of Marketing Marketing is often misunderstood. Ask the average person how they would define marketing and a majority would reply with something along the lines of commercials, ads, brochures, and other items used to market a business. Marketing is complex. It is a process, a practice, and a philosophy. As a process, it moves goods and services from an idea all the way throughRead MoreDefining Marketing for the 21st Century4119 Words   |  17 PagesChapter 1 – Defining Marketing for the Twenty-First Century True/False Questions 1. Marketing is both an art and a science—there is constant tension between the formulated side and the creative side. True (easy) p. 2 AACSB (Reflective Thinking) 2. Large, well known businesses have newly empowered customers, and have had to rethink their business models. True (moderate) p. 2 AACSB (Reflective Thinking) 3. The authors see marketing management as the art and science of proper retailRead MoreDefining Marketing Paper837 Words   |  4 PagesMarketing Marketing is in a part of everyone’s daily lives. We see it the moment we turn on the television, when we go to the grocery store, and even at our jobs. When I think about marketing, I think about all of my favorite restaurants, places to go, favorite clothing brands, and shoes. All of my favorite things come to mind when we discuss the concept of marketing. When I think about marketing, I think of all of the companies that produce my favorite things. Marketing campaigns are those people

Cell Biology An Introduction Of The Cell - 2034 Words

Cell Biology An introduction to the cell The cell is the smallest unit able to sustain life, and they are often referred to as the building blocks of life. There are two primary types of cell, which are categorized according to the way their genetic material is packaged, rather than size or shape. These are: 1. Prokaryote cells - bacteria and archeans. They are single celled organisms, where the DNA is not separate from the cytoplasm. These prokaryote cells formed the earliest and most primitive life on earth. 2. Eukaryotic cells - found in animals, plants and fungi. In eukaryotic cells, the DNA is sectioned off from the cytoplasm in its own membrane compartment called the nucleus. Cells share many common features but have adapted over billions of years in a wide array of environments, to provide a variety of functional roles. The structures and functions of a cell. In order for cells and organisms to â€Å"live† they need to perform certain tasks such as produce energy through respiration, send messages, maintenance and reproduction. To enable the cell to do so, it contains within small structures called organelles, each organelle is different and carries out a specific function. Pic 1: (biology.about.com) TheShow MoreRelatedAn Introduction Of Cell Biology897 Words   |  4 PagesIntroduction to Cell Biology A Cell is the smallest structural and functional unit of an organism and consists of cytoplasm and a nucleus enclosed in a membrane A Prokaryotic Cell are cells without a membrane-bound nucleus. An example of a prokaryotic cell is bacteria. A Eukaryotic Cell does have a membrane-bound nucleus, making it different from a Prokaryotic Cell. The Nucleus contains genetic material and is surrounded by a nuclear envelope. An example is an animal cell. Both types of cells containRead MoreReport on School Science Fair631 Words   |  3 Pagesweek Introduction This report investigates an activity done during the activity week which took place during the third week in June 2014. The science fair was held during the fourth day and this programme was initiated to demonstrate science related experiments to the students. The experiments were based on form 5 and form 4 practical books. The science fair was conducted by teachers from science department and was divided into three different subjects; physics, chemistry and biology. The objectivesRead MoreStudent Application Essay1742 Words   |  7 Pagesteams of as many as three interns in research projects. I am primary or co-author of five peer-reviewed research papers and have presented at more than ten major conferences in the field of biomedical sciences, including International Society of Stem Cell Research conference. As a biomedical scientist with nine years of research and two years of teaching experiences, and passion for serving academic community, I am well positioned to make Wellesley grow and to contribute to Wellesley’s mission of buildingRead MoreWhy Is Plant Cells?1750 Words   |  7 PagesWhy is it that plant cells are autotrophic whereas animal cells are not? The answer is simple; chloroplasts. These are green organelles that are the main site for photosynthesis in plant cells. They allow the plant to be known as the ‘producer’ in a food chain. Being such an essential part of the plant cell, the question arises, where e xactly did they come from in the first place. Have they been a part of the plant cells since the beginning of time or did they evolve from some other species, andRead MoreThe Effect Of Acid Concentrations Increases Permeability Of Beetroot ( ,Äà © Beta Vulgaris ) Cell Membranes1488 Words   |  6 Pagespermeability of beetroot (‎Beta vulgaris) cell membranes indicated through color intensity using the spectrophotometer Joshua Elekwa Introduction to cell Biology, Fall 2014 Mount Royal University ABSTRACT The cell membrane (Plasma membrane) functions to provide cell support, cell stability and control entry and exit of materials from the cell. This study was conducted to test the effects of environmental conditions such as the on beet root cell membrane (Beta vulgaris). Five trials usingRead MoreCell Membrane Lab Essay927 Words   |  4 PagesLab #1: Cell Membrane Prepared for Gary V. Lawrence Biology 0983 By Zane Jeffels Partners: Lily Juno, Huynh, and Lin Yan Sun Preformed: October 11th, 2010 Due: October 25th, 2010 King Edward Campus- Rm. 3275 Vancouver Community College Abstract The purpose of this lab was to determine if hemolysis would occur, and how long it would take to occur to red blood cells when blood suspension is introduced to solutions prepared at different temperaturesRead MoreOsmosis Lab Report Essay1615 Words   |  7 PagesOsmosis Rates in Artificial Cells Daniel George Department of Biology Grand Valley State University 1 Campus Drive Allendale, MI 49401 georged@mail.gvsu.edu Abstract The lab for this paper was conducted for the topic of osmosis, the movement of water from high to low concentration. Five artificial cells were created, each being filled with different concentrated solutions of sucrose. These artificial cells were placed in hypertonic, hypotonic, or isotonic solutions for a period of 90Read MoreExploring Biology854 Words   |  4 PagesAP Biology Reading Guide Chapter 1: Introduction: Themes in the Study of Life Fred and Theresa Holtzclaw Name_______________________Period___________ Chapter 1: Introduction: Themes in the Study of Life Begin your study of biology this year by reading Chapter 1. It will serve as a reminder about biological concepts that you may have learned in an earlier course and give you an overview of what you will study this year. 1. In the overview, Figure 1.3 recalls manyRead MoreIntroduction to Prokaryotes Lab Report1283 Words   |  6 PagesIntroduction to Prokaryotes in Different Temperature Environments Angelina Orozco Biology 1108 Wednesday 7:30 am Abstract Prokaryotes are single-celled organisms that can survive in extreme environments. Bacteria is the more numerous type of prokaryotes. The group hypothesizes that the samples taken from different environments will all cultivate diverse morphology in fast growing rates in each environment. The aseptic technique was used to cultivate bacteria from different environments. TheRead MoreRecent Developments In Gene Editing, Concerning The Modification1447 Words   |  6 PagesRecent developments in gene editing, concerning the modification of embryonic cells and its’ usefulness since the discovery of iPS cells Abstract This essay addresses the question â€Å"In light of the recent developments with iPS cells, is the genetic modification of human embryos justified?†. New gene editing software CRISPR has created cheaper and more accurate modification, making the editing of an embryo a possibility. There are concerns about this advancement

Roman Empire and Red Figure Style Free Essays

This tool is used to engrave lines through the slip of the unfired vase. burin 18. Red figure style of vase painting was introduced whom? By a student of exekias known as the andokides 19. We will write a custom essay sample on Roman Empire and Red Figure Style or any similar topic only for you Order Now Greek vase painting is represented in these two styles. Black figure and red figure style. 20. Who signed the vase â€Å"Achilles and Ajax playing Draught†? Euxitheos and Euphronios. 21 . The mixture of clay and water that is painted on the vase before firing. slip 22. The black figure Style idealized representations, sought to equate the perfection of art with harmonies of natural order. 23. The Greek used what method to cast the bronze figure of Zeus? Lost-wax methods 24. In the 7th C. BCE the Greek artist began to do this to their artwork. naturalism 25. The Greeks are different from the Eygptians in depicting their gods in what way? The ideal athletic human form. 26. Who was the popular god of drama . Dionysus 27. In Greek art the beginnings are represented is what style? Nude pics 28. In the pantheon of Greek god he is consider the leader among gods. Zues 29. Acropolis mean. Highest city 30. Greece’s central city is named and dedicated to what god? Athens and dedicated o Athena. 31 . The Greeks had a love of what? Wisdom and beautification especially of the human body. 32. During the classical period the Greeks began to produce life size figurative sculptures and constructed marble temples. 33. What race commemorates the bravery of a courier during the Perisan invasion. Twenty six mile marathon race 34. After the Persian invasion this leader began to rebuild Greece’s temples. Pericles 35. A geometric style vase is characterized by . several horizontal bands and geometric motifs Dipyplon vases were used tor what purpose? Grave markers 37. The female counterpart of the Kouros figure is the kore 38. The sacred hill above Athens which contains the ancient Athenians’ Temples is . Acropolis 39. Who was the Roman Emperor that converted to Christianity? Constantine the Great 40. What Roman structure had an altar that was dedicated to â€Å"gods yet to be discovered†. Pantheon 41 . â€Å"The Altar of Peace† was built to commemorate what? The Pax Romana (roman preace) 42. The arena floor of the amphitheater was landscaped with trees and large rocks 43. â€Å"The Pont du Gard† is comprised of rows of short barrel, or tunnel vaults and is an xample of these Roman invention such as_basilica ulpia 44. The Column of Trajan† is as tall as what? The height of the hill that stood at this site. 45. The art of the Roman Republic was strongly influenced by both _etruscans and greek art. 46. The word â€Å"amphitheater† means around theater 47. The Arch of Titus commemorates Titius’ conquest of. the victory in the Jewish War . 48. The Flavian Amphith eater was commissioned by the emperor 49. Trajan’s column friezes depict his victory over the _Dacians Vaspasian. 50. The Pantheon’s dome’s weight was lessened by sunken decorative panels Called cotters 51 . How to cite Roman Empire and Red Figure Style, Papers

Outsourced On Performance Of Organizations -Myassignmenthelp.Com

Questions: How Outsourcing Marketing Services Affects The Financial Performance Of Organizations? To Establish The Impact Of Outsourcing Security Services On The Financial Performance Of Organizations. How Outsourcing Information Technology Affects The Financial Performance Of Organizations? How Outsourcing Human Resource Services Affect The Financial Performance Of Organizations? Answers: Introduction This report shows the impact of services function on financial performance on an organization. Moreover, the main aim of this research proposal is to address techniques and approaches to identify the impact of outsourced functions on the financial performance of company. This report also presents the research background, research aim and objectives, and research justification. Further, it discusses conceptual understanding about the research topic that is relied on research aim and objectives of the research. Moreover, research methodology demonstrates the data collection method that will be used in a research study. It will be also significant to show the techniques, which will be beneficial to resolve the issue of research. Research Background The research subject is to analyses the impact of outsourced function on the financial performance of an organization. For the current situation, it is mandatory for a corporate to improve outsourced function issues due to enhancing the financial performance of a company. It will be appropriate for continuous growth of company at the international level (Arku, 2013). For this, it will be vital for a corporate to enhance skills of employees and gain the understanding regarding outsourced function. Since, it will be effective to enhance the financial performance of a corporate. At the same time, it can also be beneficial to obtain a competitive advantage in the upcoming period (Bernard, et al., 2014). In this research, the outsourced function will be imperative for gaining the financial performance of a corporate in long-run. An organization will use the outsourced functions to categorize business activity and resolve the issues of consumers in less time and cost. From the practices of this, an organization capable to build their competence along with abilities to obtain the higher rate of profit in the marketplace. Moreover, it can be stated that most of the company of Australia has used the outsourced function in their business to effectively operate the business along with deal with the upcoming uncertainty (Butler, et al., 2014). At the same time, it is also illustrated that the application of outsources function can be crucial to improve the existing situation of an organization along with the organizational capabilities to manage the unexpected occurrence. It will be also supportive to enhance competitive benefit in the marketplace. For future, outsourcing function is vital concepts which were investigated by various researchers with help of different region. Moreover, it is illustrated that there are certain elements which forces to researcher for choosing the research named motivating research issue, the role of outsourced function in improving the financial performance of the organization. Additionally, it can be illustrated that these factors can attract the researcher to perform the research regarding the practices of outsourced functions (Caine, et al., 2013). It will be helpful for obtaining a reliable and vital outcome. Moreover, various researchers have investigated on factors that affect the financial performance of an organization but there is lack of research in the context of the impact of outsourced function on the financial performance of a corporate. Hence, it can be a major cause for the selection of this research issues. Research aim and objectives The aim of the study is to establish the impact of service outsourced functions on the financial performance of organizations. The specific objectives are discussed as below: To find out the impact of outsourcing marketing services on the financial performance of organizations. To establish the impact of outsourcing security services on the financial performance of organizations. To identify the impact of outsourcing information technology services on the financial performance of organizations. To establish the impact of outsourcing human resource services on the financial performance of organizations. Justification of the research project The outsourced function plays an imperative role to improve the financial performance of an organization in long-term. At the same time, it will also supportive to categorize activity of business as a result, it would be beneficial to solve the issues of customer in long-term. Moreover, Australian organizations had faced losses regarding the financial performance condition. This research will be supportive for an organization to understand the different elements of outsourced function that can influence the business growth (Cummings, et al., 2014). From this research, the organization will able to find out the mechanism to manage the business fluctuation and financial performance of the company. This research plan helps to students or readers to broaden the knowledge of the outsourced function. This research proposal will support the current companies and new business/ entrepreneurs as they can spread the information about the role, significance, and consequence of the outsourced fun ction. As a result, it will help to the company for effectively manage outsourced function. This research will support the organization for making the effective policy in the context of the outsourced function (Davidson, et al., 2013). Potential output The result of this research will provide the critical outline to evaluate the impact of outsourced functions on the financial performance of an organization. Thus, this research report would help to build fresh knowledge and determine the strategies which are practiced by the organization in order to manage the issues of outsourced function. This research proposal also offers comprehensive picture about an outsourced function that supports to find out the elements which influence the financial performance of an organization. The outsourced function depends on different elements like infrastructure, systems, planning and organization, and miscellaneous. In addition, it can also be said that such factors directly influence the ultimate outcome of this research (Ee, et al., 2013). Moreover, each research questions and objective will determine in this research proposal due to resolving the research issue systematically. These research results will be examined as an educational work due t o determine the issues of this research proposal. Moreover, this research will assist the organization to concentrate on such elements to manage the outsourced function in an appropriate manner. Impact of outsourcing marketing services on financial performance of organizations According to Fletcher (2017), illustrated that outsourcing marketing performance can directly impact on the performance of organization because it prioritizes the optimum use of resources that affects the organization in long-term. In addition, it is also illustrated that it makes effective strategies before starting any work, which also helps to meet the goal of an organization as well satisfy more customers in specified time and cost. Planning of existing situation demonstrates the actual condition of the organization. It will support to the company for fast-moving as well as improving the financial performance of the company. In opposition to this, Gobble (2013) examined that outsourcing human resource services provide the core roles to an employee of an organization that supports to successfully deal with the fluctuation of the market in the upcoming period. In the current scenario, it is examined that companies have used outsourcing central function for its business operation along with predictable activities can help to obtain the favorable outcome in less time and cost. For illustration, telecommunication companies contract to the radiotelephone, telephone, telegraph to successfully communicate with communication and deal with the problems of customers due to making a robust relationship with them in long-term. In support of this, Gunasekaran et al. (2015) illustrated that these kinds of outsourcing can also affect the financial performance of an organization. It is also illustrated that an organization can gain their understanding regarding the outsourced function to obtain the competitive benefit. The core marketing understanding can create by the developing nation but in the existing time marketing services can be understood by the performance of marketing in the business activity. Therefore, it can be said that the effective marketing service outsourcing can directly influence the growth of the company in long-run. The impact of outsourcing security services on financial performance of organizations Mitchell et al. (2013) viewed that an organization should implement the practices of security outsourcing due to solving the compliance requirements as well as complete their regulatory obligations in an appropriate manner. It is also stated that company should uses the merchants to operate card operating schemes for fulfilling with the PCI DSS (Payment Card Industry Data Security Standards). It is also examined that Payment Card Industry Data Security Standards could be quite complex to effectively meet the requirement of the internal employees. On the other side, Psacharopoulos et al. (2014) explained that the application of a PCI DSS can be quite expensive for an organization to operate PCI DSS for minimum eight hours per day in the working culture. At the same time, it is also examined that it supports to successfully monitor and evaluate the capabilities in an appropriate manner. The impact of outsourcing information technology services on financial performance of organizations In support of this, Rivard et al. (2015) stated that appropriate performance evaluation and management direct impact on the outsourcing. The outsourcing of the information technology can directly influence the financial performance of an organization.It is also stated that, for sustainability, an organization estimates the last record related to the profitability, incorporate competitively, approaches, and stakeholder to successfully measure the non-financial performance of the business. Balanced Scorecard According to Sivakumar et al. (2015) explained that the balanced scorecard plays a significant role to measure the financial performance of an organization. It includes two elements such as non-financial and financial for measuring the quality of the performance of the company. It considers different elements such as internal business processes; learning, customers, and growth are included in the non-financial performance. It is supportive to improve the financial performance of an organization. In opposition to this, Solakivi et al. (2013) explained that the financial measures are supportive to develop trust among employees at the working place, which can help to obtain the competitive advantages. It will also help to improve the performance of an organization effectively. The impact of outsourcing human resource services on financial performance of organizations On the other hand, Susomrith et al. (2013) illustrated that Human resources services outsource plays an imperative role to improve the financial performance of an organization. It concentrates on the elements that lead to human outsourcing due to enhancing the performance of the organization. Taipaleenmki and Ikheimo (2013) stated that the proposed strategies are used to make a connection among the financial performance and human resource services outsourcing. It is also identified that a major challenge for company is to effectively measure the performance of human resources outsourcing in the context of improving the financial performance. The evaluation of the human resource procedure is very complex for the organization because each member is interconnected with human resource team. At the same time, it is also stated that the human resource outsourcing can be measured by some different elements named workforce morale, turnover, and satisfaction level. Research Hypothesis The hypothesis of this research is discussed as below: Null Hypothesis (H0): Outsource Function not impact on the financial performance of an organization Alternative Hypothesis (H1): Outsource Function impact on the financial performance of an organization Research Methodology The following points are considered in research methodology to evaluate the research aim of this research. It is deliberated as below: Literature Review In the literature section, resercher will create depth understanding regarding the suitable literature and evaluates the collected data which are obtained by using different sources like Emerald, Google scholar, academic journal, and articles of many researchers or authors. Data Analysis Methods The data will be analyzed by using mixed data collection methods such as qualitative and quantitative methods. The researcher will use qualitative analysis to conduct online communication and discussion with the financial expertise and executives. In contrast, quantitative analysis will be used by researchers to demonstrate the collected data in statistics, excel sheet, pie diagrams, numerical data, and arithmetic data practicing, the online websites and academic Journal (Yee, et al., 2017). The researcher will use mixed data evaluation method to successfully accomplish the research objectives of this research in an appropriate manner. Moreover, it can be said that researcher will also use the quantitative data evaluating method to test the hypothesis wherein the data accept or reject the estimated outcome (Taylor, et al., 2015). Beside this, qualitative data evaluating method will be exercised by the researcher to create conceptual understanding regarding the research issue as it supports to develop the findings in an appropriate manner. A mixture of research methodologies is practiced to get the specific clarification for research problem that is determined in the problem statement. Moreover, researchers will use secondary data to measure the data as compared to first handed information (Zhang, et al., 2014). Organization of the Study The following factors are the organization of this study: First section: this section will supportive to examine the research plan. Second section: this chapter will deliberate the concepts or conceptual framework regarding the outsourced function. Third section: This section will describe research methodology which incorporates literature review, data analysis methods, and data collection method. fourth section: It will discuss the findings and data analysis of the research study. Fifth section: It will be supportive to analysis the findings and deliberate the proposals in outsourced functioning (Mackey, et al., 2015). Gantt chart The time structure for this research is discussed as below: Table 1: time structure Task name Start Day End Day Duration (Days) Research Proposal 01/10/2017 15/10/2017 15 Literature Review 16/10/2017 16/12/2017 60 Data Collection 17/12/2017 24/02/2018 67 Analysis of Data 25/02/2018 25/02/2018 30 Final Report Submission 26/02/2018 27/02/2018 31 Chart 2: Gantt chart Project Budget and Budget Justification The budget for this research is approximate $2100 to complete the aim of this research study in the specified time period which is given in the Gantt chart. The budget is depended on the following elements of the research study: To accomplish the LR (literature review), course books, online resources, editorial, and academic journal are needed which cannot be addressed without capital. Hence, the researcher will spend $700 to purchase such resources. Data collection method is also a vital part of research because by using this method researcher will enable to collect the information regarding the research issue. Therefore, $700 will be spent by the researcher to collect the accurate information regarding the research problem. A researcher will also spend $500 to address tables, graphs, and supervision of the data. In synopsis, Purpose Estimated amount ($) Literature Review 900 Data Collection 900 Data Analysis 900 Total financial plan Expectation 2700 Conclusion From the above conclusion, it can be concluded that the outsourcing marketing services have a positive impact on the financial performance of organizations. In addition, it can also summarize that outsourcing security services, outsourcing information technology services, and outsourcing human resource services also positively influence the financial performance of an organization in long-term. Finally, it can be concluded that the alternative hypothesis is accepted because there is a relationship between the outsourced functions and financial performance. Therefore, it can be said that the outsourced function directly impacts on the financial performance of the organization. References Arku, G. (2013). Outsourcing functions to economic development corporations: Exploring the perceptions of officials in Ontario, Canada.Public Organization Review,13(1), 49-70. Bernard, H. R., Gravlee, C. C. (Eds.). (2014).Handbook of methods in cultural anthropology. USA: Rowman Littlefield. Butler, M. G., Callahan, C. M. (2014). Human resource outsourcing: Market and operating performance effects of administrative HR functions.Journal of Business Research,67(2), 218-224. Caine, V., Estefan, A., Clandinin, D. J. (2013). A return to methodological commitment: Reflections on narrative inquiry.Scandinavian Journal of Educational Research,57(6), 574-586. Cummings, T. G., Worley, C. G. (2014).Organization development and change. USA: Cengage learning. Davidson, B. I., Desai, N. K., Gerard, G. J. (2013). The effect of continuous auditing on the relationship between internal audit sourcing and the external auditor's reliance on the internal audit function.Journal of Information Systems,27(1), 41-59. Ee, E., Halim, H. A., Ramayah, T. (2013). HR outsourcing success: Does partnership quality variables matter?.Journal of Business Economics and Management,14(4), 664-676. Fletcher, A. J. (2017). Applying critical realism in qualitative research: methodology meets method.International Journal of Social Research Methodology,20(2), 181-194. Gobble, M. M. (2013). Outsourcing innovation.Research-Technology Management,56(4), 64-67. Gunasekaran, A., Irani, Z., Choy, K. L., Filippi, L., Papadopoulos, T. (2015). Performance measures and metrics in outsourcing decisions: A review for research and applications.International Journal of Production Economics,161, 153-166. Mackey, A., Gass, S. M. (2015).Second language research: Methodology and design. UK: Routledge. Mitchell, R., Obeidat, S., Bray, M. (2013). The Effect of Strategic Human Resource Management on Organizational Performance: The Mediating Role of High?Performance Human Resource Practices.Human Resource Management,52(6), 899-921. Psacharopoulos, G. (Ed.). (2014).Economics of education: Research and studies. USA: Elsevier. Rivard, S., Aubert, B. A. (2015).Information technology outsourcing. UK: Rutledge. Sivakumar, R., Kannan, D., Murugesan, P. (2015). Green vendor evaluation and selection using AHP and Taguchi loss functions in production outsourcing in mining industry.Resources Policy,46, 64-75. Solakivi, T., Tyli, J., Ojala, L. (2013). Logistics outsourcing, its motives and the level of logistics costs in manufacturing and trading companies operating in Finland.Production Planning Control,24(4-5), 388-398. Susomrith, P., Brown, A. (2013). Motivations for HR outsourcing in Australia.The International Journal of Human Resource Management,24(4), 704-720. Taipaleenmki, J., Ikheimo, S. (2013). On the convergence of management accounting and financial accountingthe role of information technology in accounting change.International Journal of Accounting Information Systems,14(4), 321-348. Taylor, S. J., Bogdan, R., DeVault, M. (2015).Introduction to qualitative research methods: A guidebook and resource. USA: John Wiley Sons. Yee, C. S., Sujan, A., James, K., Leung, J. K. (2017). Perceptions of Singaporean internal audit customers regarding the role and effectiveness of internal audit.Asian Journal of Business and Accounting,1(2), 147-174. Zhang, F., Ma, X., Liu, S. (2014). Efficient computation outsourcing for inverting a class of homomorphic functions.Information Sciences,286, 19-28.