English to Polish Bus/Financial Business/Commerce (general) outsoucring

Both transaction cost economics (TCE) and the resource-based view of the firm (RBV) have been useful perspectives to investigate the determinants and conditions under which firms can best leverage outsourcing (Holcomb and Hitt, 2007; McIvor, 2009). Transaction cost economics provides clear direction as to economic trade-offs and contracting styles that a firm can use to evaluate the consequences of a potential outsourcing decision (Williamson, 2008). Similarly, the resource-based view highlights how unique capabilities of the firm can offer advantage when appropriately matched to environmental conditions (Peteraf, 1993); this has made it an effective measure to determine the extent to which a firm’s competencies can and should be outsourced (Jennings, 2002; McIvor, 2003).