Offshoring is the practice of U.S. companies using overseas providers for certain tasks. For example, technology companies
Question:
Offshoring is the practice of U.S. companies using overseas providers for certain tasks. For example, technology companies like IBM and Microsoft have used programmers in India, mainly because overseas salaries are lower than U.S. salaries. Results have been mixed. Some companies report problems in employee turnover and communication. Others find that investors like the lower costs.
INSTRUCTIONS
Define offshoring in your own words and discuss its potential advantages and disadvantages for a business.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (8 reviews)
Offshoring is the practice of companies moving work to other countries usually i...View the full answer
Answered By
James Warinda
Hi! I’m James Otieno and I'm an experienced professional online tutor with countless hours of success in tutoring many subjects in different disciplines. Specifically, I have handled general management and general business as a tutor in Chegg, Help in Homework and Trans tutor accounts.
I believe that my experience has made me the perfect tutor for students of all ages, so I'm confident I can help you too with finding the solution to your problems. In addition, my approach is compatible with most educational methods and philosophies which means it will be easy for you to find a way in which we can work on things together. In addition, my long experience in the educational field has allowed me to develop a unique approach that is both productive and enjoyable.
I have tutored in course hero for quite some time and was among the top tutors awarded having high helpful rates and reviews. In addition, I have also been lucky enough to be nominated a finalist for the 2nd annual course hero award and the best tutor of the month in may 2022.
I will make sure that any student of yours will have an amazing time at learning with me, because I really care about helping people achieve their goals so if you don't have any worries or concerns whatsoever you should place your trust on me and let me help you get every single thing that you're looking for and more.
In my experience, I have observed that students tend to reach their potential in academics very easily when they are tutored by someone who is extremely dedicated to their academic career not just as a businessman but as a human being in general.
I have successfully tutored many students from different grades and from all sorts of backgrounds, so I'm confident I can help anyone find the solution to their problems and achieve
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Outsourcing is the practice of having an external party take over some business and/or manufacturing processes. How does outsourcing change a firms cost structure and, therefore, its ability to be...
-
What is market segmentation? How is the practice of market segmentation related to the marketing concept?
-
Respond to the following: Benchmarking is the practice of a business comparing key metrics of their operations to other similar companies. And the International Organization of Securities Commissions...
-
Why are variances usually written off to cost of goods sold?
-
Table 14.1 was constructed under the assumption that all firms in the industry are identical. A: Suppose that all firms in an industry have U-shaped long run average cost curves. (a) Leaving aside...
-
Repeat problem 8.16 using the Thesis method.
-
Verify that the portfolio selection problem and its wealth constraint is summarized in (5.16). (5.16)
-
What is meant by the term transferred-out cost? Why does the transferred-out cost under the WA method include only one computation but the FIFO method includes multiple computations?
-
On January 31, 2021, the first year of her retirement, Concetta withdrew $12,000 from her spousal RRIF. In 2020, Lorenzo, her husband had deposited $10,000 to the spousal RRSP giving it a balance at...
-
To measure the capacitance of a conductor, it is first charged to a potential Vo = 1350V. It is then connected by a conducting wire to a distant metal sphere of radius r = 3cm. As a result the...
-
a . List the three federal taxes that businesses are required to withhold from employees wages. b . What three factors determine the amount of federal income tax withheld from an employees earnings...
-
Examine the following partially completed payroll check stub. The employee, Melanie Galvin, is single and claims one allowance. What amount should be deducted for: 1. Medicare tax? 2. Social Security...
-
List the 12 steps required to conduct structured analytical procedures.
-
Questions for scen ario one Why do you think you feel uncomfortable about this new situation? Could you have avoided this situation in the first place? What is the best course of action you can take?...
-
Draw a current state map of Ford Manufacturing (One family/ product/service flow). Give a brief explanation of the current state and the related issues with it. create your own action plan to show...
-
THE SHRM Learning system provides several motivation theories that increase engagement. Which of the motivation theories most aligns your real world experience as personally motivating you and why?...
-
Leadership and management are two distinct yet complementary concepts within organizations. Leadership is about inspiring and influencing others towards a shared vision or goal, often focusing on...
-
Analyse the need and want(s) that led you to research products or services that would address the state of your imbalance. 2. Examine the internal and external sources of information by including...
-
Tom Chandra has a problem with one of the production workers he supervises. The worker has been ignoring instructions about the new procedures for operating a lathe, preferring instead to follow the...
-
Compare and contrast licensing and subcontracting.
-
Jack and Katie have five grandchildren, ages 19, 16, 15, 12, and 10. They have established Coverdell Education Savings Accounts (CESA) for each of the grandchildren and would like to contribute the...
-
Bell Corporation grants an incentive stock option to Peggy, an employee, on January 1, 2016, when the option price and FMV of the Bell stock is $80. The option entitles Peggy to buy 10 shares of Bell...
-
Holly has recognized a $9,000 STCL. She has no other recognized capital gains and losses in 2016. She is considering the sale of a Sec. 1231 asset held for four years at a $5,000 gain in 2016. She...
-
Accounting changes fall into one of three categories. Identify and explain these categories and give an example of each one.
-
Machinery is purchased on May 15, 2015 for $120,000 with a $10,000 salvage value and a five year life. The half year convention is followed. What method of depreciation will give the highest amount...
-
Flint Corporation was organized on January 1, 2020. It is authorized to issue 14,000 shares of 8%, $100 par value preferred stock, and 514,000 shares of no-par common stock with a stated value of $2...
Study smarter with the SolutionInn App