Increase in Corporate ComplexityAs technology has advanced existing business models have changed that enable corporations to reduce costs by transferring the work to regions where local resources are more cost efficient and share the same language - Off shoring. In functions that need to be performed within the same time zone, a corporation may decide to offshore the work to a closer region that works within its timeframe, budget and business practice - a practice referred to as near shoring. Added to this a rise in corporate mergers and acquisitions that may be inked for a number of reasons for example: to obtain local presence, expand a corporations offering, gain access to new markets or to provide specialized expertise. Alliances and Partnerships between corporations that have similar goals or offer complimentary products or services can also rapidly provide new opportunities to a company without acquiring or merging with another company.
