Theory of Quality Services: Examples
Theory of Quality Services: Examples
Theory of Quality Services: Examples
This theory states that a country having skilled and experienced professionals provides
services to other countries which will lead to completion of work in time and in efficient
manner as Services play a major role in all modern economies, an efficient sector is
considered to be crucial for trade and economic growth and for dynamic and resilient
economies. Services provide vital support to the economy as a whole and more specifically to
industry. This could directly lead to the growth of FDI, Employment , and many other
factors. A country could even send their employees who are well known to the service, this
could be easier for other country to know and use the services provided, this leads to
movement of labour.
Moreover the countries trading internationally with services are trying to make their service
tangible in the foreign markets, as almost all the services are intangible. It totally depend
upon the type of the product (service) a country provides, if a country trade with technology ,
are providing the services attached to it. Basically services are attached to product, not all
services but some, because if one country launches product, they are providing services
required to maintain that product, brand in that particular country.
Examples:
When it comes to quality, there is no compromise from India. Indian service providers use
the very latest in technology, software and infrastructure to provide services that are on par
with international quality standards. Research surveys have even proved that Indian
professionals are technically superior when compared with IT professionals from other
countries. Global businesses love to outsource to India as they can get access to a highly
educated workforce that is experienced, skilled, proficient in English, computer-literate and
technically talented.
In a recent survey, 80% of European and US outsourcing firms ranked India as their number
one outsourcing destination. The National Association of Software & Service Companies
(NASSCOM) also reported that almost half of all Fortune 500 companies choose to outsource
software development to Indian outsourcing firms. Even though many other countries
(including China, Mexico, Ireland and the Philippines) have emerged as major competitors,
India has managed to outmaneuver all others and emerge as the top outsourcing destination.
Major differentiators such as certain favorable government policies, fast-developing
infrastructure, and an immensely talented work force are responsible for the Indian IT
outsourcing industry continuing to experience a tremendous growth rate of 2530% per year.
Some examples of Indian companies that provide IT services to other countries:
2. Infosys: