Research Article

YOUTH AND RISE OF OUTSOURCING OPPORTUNITIES IN BALKAN COUNTRIES - CASE OF BULGARIA, ROMANIA AND NORTH MACEDONIA

ABSTRACT

One of the most influential and powerful trends in the modern-day management is considered to be the practice of outsourcing. This practice comprises in itself several processes and functions such as financial economies, access to technology by reaching sophistication and expertise as well as the competence to seek improved and measurable levels of services. This research elaborates the outsourcing opportunities in the Balkan region in general but it focuses more on three states such as Bulgaria, Romania and North Macedonia. Additionally, the paper touches a range of good points and core issues related to the establishment of outsourcing possibilities and the participation of the Balkan countries companies into such practices. Moreover, an insight of why European companies should choose Balkan states as the destination for outsourcing is given for each Balkan country mentioned above (Bulgaria, Romania and North Macedonia). Special stress is put on the predispositions and benefits associated with the realization of outsourcing facilities implying that international outsourcing generally has a positive impact on the organizational performance and competitiveness enforcement in the companies within the region.

Keywords

youth outsourcing human resource development services procurement