How Does Outsourcing Affect The Economy
Management
14 November 2013
Outsourcing of American Jobs Hurts the United States Economy
Introduction:
Over the past few decades the United States has increased its use of outsourcing as a means to positively impact the economy, due to the apparent economic benefit this action has on the bottom-line for companies. In general, outsourcing is the movement of business operations and process to any location based outside the home country. The practice of outsourcing was introduced due to the perceived notion that it positively impacts the economy, saves money for companies, opens up opportunities for greater entrepreneurship, reduces regulations tied to company operations and leads to more Americans holding higher level jobs. However, one may also derive that the outsourcing of American jobs to foreign countries and workers has an immediate impact on the United States economy, which costs thousands of American jobs and negatively impacts the economy. The thesis statement of this paper is that the United States Government should take action now to protect its citizens by halting the outsourcing of American jobs.
Outsourcing and the U.S. …show more content…
In many situations outsourcing not only goes to a different country, but to a different continent. Furthermore, the process of outsourcing can be carried out through a third-party service, which in most cases is also located in an offshore country or managed through setting up a wholly owned subsidiary in an offshore location (Oshri 27-28). Therefore, outsourcing does not only move operations and process out of the country, but the United States has accepted the outsourcing of customer service, administration and information
14 November 2013
Outsourcing of American Jobs Hurts the United States Economy
Introduction:
Over the past few decades the United States has increased its use of outsourcing as a means to positively impact the economy, due to the apparent economic benefit this action has on the bottom-line for companies. In general, outsourcing is the movement of business operations and process to any location based outside the home country. The practice of outsourcing was introduced due to the perceived notion that it positively impacts the economy, saves money for companies, opens up opportunities for greater entrepreneurship, reduces regulations tied to company operations and leads to more Americans holding higher level jobs. However, one may also derive that the outsourcing of American jobs to foreign countries and workers has an immediate impact on the United States economy, which costs thousands of American jobs and negatively impacts the economy. The thesis statement of this paper is that the United States Government should take action now to protect its citizens by halting the outsourcing of American jobs.
Outsourcing and the U.S. …show more content…
In many situations outsourcing not only goes to a different country, but to a different continent. Furthermore, the process of outsourcing can be carried out through a third-party service, which in most cases is also located in an offshore country or managed through setting up a wholly owned subsidiary in an offshore location (Oshri 27-28). Therefore, outsourcing does not only move operations and process out of the country, but the United States has accepted the outsourcing of customer service, administration and information