Service-sector jobs are increasingly outsourced to lower-cost locations abroad. The globalEDGE website has various resources that detail
Question:
Service-sector jobs are increasingly outsourced to lower-cost locations abroad. The globalEDGE™ website has various resources that detail the nature and location of jobs that have been transferred abroad. Some experts believe the resulting foreign investment and increased demand in lower-cost countries will cause wages to rise in those countries, eliminating cost advantages from offshoring and narrowing the income gap between developed economies and low-cost countries. In other words, offshoring will help to reduce global poverty. Others believe that manufacturing jobs will be consistently moved to low-cost countries, making China and India the world’s center of innovation and production. What do you think? Find three articles about outsourcing at globalEDGE™ by doing a search using the keywords “global outsourcing” or “offshoring” and write a report on the most likely consequences of these trends for your country, its workers, and consumers.
Step by Step Answer:
International Business The New Realities Plus Mymanagementlab With Pearson Etext
ISBN: 978-1292152943
4th Edition
Authors: S Tamer Cavusgil ,Gary Knight ,John Riesenberger