Discuss The Impact Of Overseas Outsourcing

548 words - 2 pages

In researching this subject it seems that outsourcing work overseas has a positive and negative effect on the US economy for a few different reasons. The most important I feel is taking the jobs away from the people in the United States. As we all know, especially at this time, jobs are not easy to find. There are some people that are under qualified for jobs available in the US that these jobs we are outsourcing could be done by these under qualified individuals. Companies’ main reason for this is to cut costs and save money. The conditions of the manufacturers in these foreign countries are known to not be the very best either. Sweatshops and having young children work for little money is how some of these manufacturers are able to keep the costs low, unfortunately. We’ve all purchased things made in China. They provide a huge amount of items sold in the US. Thus, a huge amount of revenue is taken out of the US to these foreign countries. Maybe the US and China have some sort of agreement due to the US borrowing so much money from them we are required to have a certain percentage of things manufactured there. I am not sure as this is purely my opinion but that would make some sense.
The most populace countries in the world, China and India, seem to be the two countries tapped into most for outsourcing. I’m pretty sure everyone has called into a call center at least once and reached some Indian person on the other end. The language barrier is evident. This has an impact on the level of quality service they can provide. “India appears to be a global business...

Find Another Essay On Discuss the Impact of Overseas Outsourcing

The Cultural Challenges Of Doing Business Overseas

1967 words - 8 pages The Cultural Challenges of Doing Business Overseas The fall of the Soviet Union in 1989 and the Velvet Revolution ended Czechoslovakia turbulent political history, and establishing democracy. The Czech Republic is embracing the western style models of political and economic reform. In addition the Czech Republic made an agreement and is now a member of the European Union. This will increase their potential for expanding markets and creating

International Business What are the advantages of outsourcing? What are the disadvantages of outsourcing? Discuss why these are advantages and disadvantages and to whom.

652 words - 3 pages "OUTSOURCING"What are the advantages of outsourcing? The advantages of outsourcing you can savemoney, but there are conditions you must met before outsourcing saves money. First,there is economies standpoint where unit costs must drop as volumes increase. Second,economies should be accessible across corporate boundaries, and third the savings mustbe sufficient to outweigh the additional cost of paying other shareholders a profit.Outsourcing can

The Benefits of Offshore Outsourcing

968 words - 4 pages If offshore outsourcing has such a negative impact on the economy, then why are businesses practicing it? Is it just because of greed? Actually, offshore outsourcing can promote economic growth in some ways. First off, what exactly is offshore outsourcing? Simply put, offshore outsourcing is a business tactic where a company sends a part of their service to another country to be run by a different company. Offshore outsourcing has been seen

The Outsourcing of American Jobs

1021 words - 4 pages The Outsourcing of American Jobs      The exporting of American jobs is an issue that is important and will become increasingly so as more and more white collar jobs are shipped overseas. American companies in the past few decades have been sending American jobs overseas paying residents of other countries pennies on the dollar what they had paid American workers to do. This saves the companies millions of dollars on labor costs but costs

Exploring the Benefits of Outsourcing

2285 words - 9 pages The purview of this paper is designed to encompass the outsourcing of jobs in the manufacturing sector of the United States' economy. Beneficial and disadvantageous elements of globalization will be exposed within the respective boundaries inclusive to the outsourcing of U.S. industry jobs. Corporations in the United States should continue to pursue global trade through the outsourcing of in-house manufacturing. In-house manufacturing refers

The Possibilities of Expanding the Business into New Overseas Markets

3347 words - 13 pages The Possibilities of Expanding the Business into New Overseas Markets As international marketing consultant of Mackie’s of Scotland, the ice cream maker, it is my duty to consider the possibilities of expanding the business into new overseas markets, successfully. The Scottish ice cream market will be researched thoroughly. The UK target market of Mackie’s will be analysed. Finally a suitable country will be chosen to market the product


1450 words - 6 pages get the business to a successful start overseas. Looking at what comparative advantages the Czech Republic has will identify any opportunities for Steve to take advantage of in his business. An evaluation of Hofstede's four primary dimensions will assist Steve in assessing the business environment for cultural differences in business, and possibly opposing customs and protocols. In addition Steve will have to research any trade barriers, and

Outsourcing: The Demise of the U.S Economy

1493 words - 6 pages Outsourcing: The Demise of the U.S Economy As many people around the nation are aware of, the nine to ten percent unemployment hike in a span of just 3 years (Fig. 1 U.S Bureau of Labor) is just tearing the United States economy from the inside out. Millions of people in the once mighty U.S work force are now barely making ends meet and thousands more are fighting a losing battle to keep a roof over their heads as the growing unemployment rate

The Effects of Outsourcing in America

1354 words - 5 pages ). This quote indicates that there is a large potential for jobs that can go overseas, meaning that the growth of outsourcing could skyrocket, which would make the trade deficit increase, plunging the U.S. into greater debt than is the current dilemma. On the other hand, other research sustains that outsourcing may actually have positive effects on the U.S. economy, rather than crippling it as the previous evidence proposes. Some researchers

Outsourcing the Processing of Sensitive Information

3772 words - 15 pages equal to that provided in developed countries may remain a decade or more in the future. The Internet is the technology that largely makes outsourcing business processes possible. It also makes the transmittal of personal information overseas particularly problematic. Using the Internet, the potential now exists for the disclosure of sensitive data by almost anyone on a scale previously achievable only through controlled mass media channels

The Pros and Cons of Outsourcing

3682 words - 15 pages Introduction This paper is a general overview of outsourcing. It explores when to outsource and what advantages and disadvantages a public manager may face when deciding whether to outsource. I have chosen references to support this text that are both academic and colloquial. Indeed it was a discovery to learn that "Outsourcing" had become a well-developed academic area of study. My prior study of the subject revolved around personal

Similar Essays

The Impact Of Outsourcing Essay

1919 words - 8 pages that feeds. European Journal of Operational Research, 203(2), 360-369. doi:10.1016/j.ejor.2009.08.006. Kim, J., & Park, S. (2010). Outsourcing strategy in two-stage call centers. Computers & Operations Research, 37(4), 790-805. doi:10.1016/j.cor.2009.06.020. Yamashita, N. (2010). The impact of foreign outsourcing on wage inequality in US manufacturing: New evidence. Economics Letters, 107(1), 46-48. doi:10.1016/j.econlet.2009.12.022.

The Future Of Outsourcing Essay

1601 words - 6 pages feedback and is within a given price range. There are many resources available to buyers including everything from how-to manuals to regional conferences held in order to compare and discuss various outsourcing organizations. The Outsourcing Institute, an online based resource for all stages of outsourcing has created a course for “fast track, pain free” outsourcing. The general guideline for this is Assessment, RFP Development, Vendor Selection

The True Cost Of Doing Business Overseas

1193 words - 5 pages tag that says made in china, who are you really hurting when you put it in your cart? It used to be that people didn’t care about the lowly factory worker who was laid off because they sent his job overseas, but it now happens on such a regular basis that people are taking notice. While some people would say “but it saves me money so I don’t care”, the truth is that the savings aren’t always being passed along to you. A perfect example of this is

The Cultural Challenges Of Doing Business Overseas

2570 words - 10 pages The Cultural Challenges of Doing Business Overseas Introduction There are several challenges such as the impact culture and management practices to succeed overseas with business ventures for an American Company that takes the greatest risks in making decisions. In this Scenario, Steve Kafka, an American of Czech origin and a