Introducing
Your new presentation assistant.
Refine, enhance, and tailor your content, source relevant images, and edit visuals quicker than ever before.
Trending searches
1
Helps countries economy
- Businesses outsourcing generally succeed more than those that don't
- Company success= country success
- Business expands, expansion ( more white collar jobs open, taxes, more goods)
- Jobs ARE lost ( 3.2 mill 01-12 )
Helps Developing Nation
+ Globalization
- More jobs in places like India and china that might have not been there before ( example call centers )
- oversea success may also transfer back to them
Cheaper living costs
- Price of product is decided bases on cost to make-- low cost= lower price
-Labor laws confusion
-Lower cost of things means all around higher standard of living
Social- Pros ( 24 hour services ) and cons ( language barrier )
- Encourages globalization
- Controversial talks
Economic- financially, maximizes gains of company, discourages local production
- Economic growth ( both nations)
- Job opportunities
- Environmental- Factories overseas ( poor situation )
Common Misconceptions
- Some would say that it supports child labor and promotes less than par pay
- Selfish and only good for company
What is Outsourcing?
World
Issues
-Outsourcing is when a business crosses borders to temporarily settle and grow for a variety of reason
- Can also be within borders, unlike off shoring, but this is not only rare but when done, the workers are usually from outside borders
- Difference from off shoring; American company moves to china
- Off shored~ Still an american company
- Outsourced~ the company is american but chinese service
Outsourcing
Outsourcing is beneficial to the populace as a whole;
1- Allows for a cheaper living cost, meaning higher standard of living
2-Indirectly helps out countries economy
3- Helps developing nation
Anas Swar
Discussion Questions
Why outsourcing should be encouraged
Many believe that outsourcing will be the loss of many local jobs;
1- Assuming this statement is true, what kind of regulations can be made to prevent this ?
2- Assuming this statement is true, how would the loss of local jobs impact YOU
With your newly acquired knowledge, what are your thoughts on outsourcing
- Does take away jobs from locals ( which wouldn't have been taken regardless ), but has the potential to employ much more than that globally and even locally
- Increases standard of living for both nations