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It 521 Final

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Executive summary
The dream of the Strategic Center Firm (SCF) has quickly become a reality. This firm’s objective now includes the building of a decision support structure that supports the following areas:
1. “Formal reporting relationships and procedures” (FLA Grading Rubric, n.d., p. 2)
2. “Managing complex, cooperative interactions among network partners” (FLA Grading Rubric, n.d., p. 2)
3. “Aligning incentives among networked partners to have a reason to stay connected” (FLA Grading Rubric, n.d., p. 2)
4. “Managing the strategic network and controlling its operations” (FLA Grading Rubric, n.d., p. 2)
These areas should help catapult your company to the status of a fortune 500 company. We would be known worldwide as one of the companies in America that has what it takes to not only compete in a global market, but be sustainable in a global market. “Fortune magazine takes into account the businesses' growth, as measured by stock earnings and investment returns, assets, revenue and profit when compiling the list.” (Tran, n.d., para. 3) Strategic Outsourcing
If order to businesses to remain competitive, they must walk a fine line between costs and quality. Outsourcing plays an intricate part in this process. First off what is outsourcing? “Outsourcing has evolved beyond being viewed as a purely tactical exercise to reduce costs and increase operational efficiencies.” (Singhal, n.d., para. 1) SCF plans on utilizing strategic outsourcing to “adapt flexibly to business change, improve quality and productivity, respond quickly to competition, and penetrate new markets”. (Singhal, n.d., p. 1) This service can encompass anything from “Application Development and Maintenance (ADM) to business process outsourcing to setting up turnkey IT centers on a BOT model (Build-Operate-Transfer), to business re-engineering”. (Singhal, n.d., p. 1)
Outsourcing can take

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