Preview

The Complexity and Benefits of Globalization and Outsourcing

Powerful Essays
Open Document
Open Document
2285 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
The Complexity and Benefits of Globalization and Outsourcing
The Complexity and Benefits of
Globalization and Outsourcing

ii Outline

THESIS: Globalization is a complex, uneven and controversial practice, which includes many opinions, but in the long run, benefits the world’s economy.

I.

Introduction to Globalization
A. The complexities of Globalization.
B. Managing Globalization and the economy.
C. The public’s view on Outsourcing and Globalization.

II.

The Dangers and Problems of Outsourcing
A. Why do companies outsource?
B. The effects of Outsourcing on the people.
C. The Costs of Outsourcing.

III.

The Pros of Outsourcing and Globalization
A. The effects of Outsourcing on the people domestically vs. globally.
B. The effects of Globalization on the world and its economy.
C. The truth of Globalization.

IV. Conclusion on Outsourcing and Globalization
A. What is the Effect on the USA?
B. Present Studies on Globalization.
C. Is Globalization and Outsourcing a truly corrupted practice?

iii Globalization is a term that came into popular usage during the 1980’s that describes

the complex, multidimensional, and controversial process through which goods and services, information and ideas flow from border to border, leading to an integration of economies and societies (“Globalization”). The fact is the first course of globalization came into existence during the mid-nineteenth century to the outbreak of the First World War (Srinivason, 1). Garrett
Wallace Brown explains, “…whatever globalization is, it is not something easily definable…”
(42). While the complexity may expose the system to large problems, it can help the system diversify and expand. An advance in technology, transportation, and in telecommunications makes the world interdependent economically and culturally. Globalization is a process that can affect and is affected by businesses, organization, the economy, and the environment. It can affect the products people



Cited: "Globalization." Merriam-Webster.com. Merriam-Webster, n.d. Web. 21 Nov. 2013. . "Outsource." Merriam-Webster.com. Merriam-Webster, n.d. Web. 21 Nov. 2013. .

You May Also Find These Documents Helpful

  • Better Essays

    LAURI. "Outsourcing Helps to Focus on Your Core Business." GrabCAD News. GRABCAD, 26 Apr. 2011. Web. 18 Feb. 2013.…

    • 1004 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Smith, Vincent A. The Early History of India. Oxford University Press. England. 1924. The book was not very relevant to the topic, but helped clarify previous information with dates.…

    • 1584 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    As an American citizen, I initially believe that outsourcing is a terrible thing for America’s economy. When you hear about American jobs closing to be moved over overseas, it makes you worry about our already troubled economy. You become worried about all the employees who have been removed from their jobs. The government will provide a limited supply of unemployment pay, but they cannot guarantee all displaced employees’ their jobs back.…

    • 305 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Does free trade and outsourcing damage the U.S. economy by purging jobs and discouraging domestic investment or does it eventually strengthen the U.S. economy? Many seemingly well-educated people believe outsourcing is bad for the economy. They see hardworking Americans' jobs shipped overseas leaving many people jobless, weakening the economy. President Bush feels so strongly about it that he recently signed a bill forbidding the outsourcing of federal contracts overseas (www.economist.com).…

    • 652 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Clott, C.B.. (2004). Perspectives on Global Outsourcing and the Changing Nature of Work. [Electronic version]. Business And Society Review New York, 109(2), 153-170.…

    • 4024 Words
    • 17 Pages
    Powerful Essays
  • Good Essays

    Globalization is said to be the connectedness and spread of production, technologies and communication globally. It is also what trends are for. Globalization is what all of us here in this world share in common. Personally, I can say that I am quite globalized. Our generation is, so to speak. I use many things that are commonly known and also practiced worldwide. I use social networking sites such as Facebook, Twitter and Instagram, which were created for us to communicate with everyone else around the world. Also, I patronize products such as Forever 21, Apple, Blackberry, to name a few, for my personal needs instead of buying what is locally available. In terms of food, I prefer restaurants and fast food chains which are internationally known. Instead of flying every three months to our relatives in other countries and regions, I talk to them via Skype, an international program which can make you see and talk to people around the world. I also watch shows like Gossip Girl and 90210 produced by the United States. Watching these shows influence me with the way I dress and with the way I choose things. Also, I tend to hear and use new (and improvised) words. Patronizing chick-flick movies with catchy soundtracks (also produced abroad) also interests me. Every time a video, may it be music or prank, goes viral, I tend to also watch it just to go with the “trend”. Our family also buys foreign-made cars since “they are stronger and faster”. I also watch more NBA games than our local basketball teams.These are some examples of the things I do and have which other people in all parts of the world also practice.…

    • 738 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Is Outsourcing Good

    • 693 Words
    • 3 Pages

    Outsourcing has been practice for decades, it happens when companies or business contract a third party, someone outside the business, to produce goods or provide services. Outsourcing can be local, within the same country or offshore, outside the country. Some of the job areas companies outsource are Accounting, Customer Services, Human Resources, Information and Technology and Payroll. Outsourcing supporters affirm that this activity provides substantial cost savings to businesses, through paying less to others do their job, at the same time they can lower prices of goods and services. Although outsourcing brings benefits to a company, this activity may limit the quality of products and the availability of…

    • 693 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Globalization is not a perfected idea. In fact it has brought many problems and is not available to everyone. Thanks to globalization many jobs have been outsourced, the prosperity it brings isn't always affordable and the fact governments rise and fall show that it's not sustainable. Overall globalizations prosperity is not sustainable and not available to all.…

    • 368 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Global outsourcing of American products and services is a trend that is becoming increasingly popular with large corporations. For the same services provided in the United States, corporations are finding quality work in other countries for a fraction of the cost. The country currently at the forefront of this trend is India. This paper will discuss companies that outsource business to foreign countries and also why they are chose to. The ethical implications to both countries in these situations will also be discussed.…

    • 3249 Words
    • 13 Pages
    Powerful Essays
  • Good Essays

    This paper was written during my stay at the Kellogg Institute. I wish to express my appreciation…

    • 9050 Words
    • 37 Pages
    Good Essays
  • Powerful Essays

    Values can play a role in defining globalization. A definition of globalization as "Americanization" or, perhaps, the "McDonaldization," of the world presents globalization as a process driven by American consumer culture that rolls over other cultures. On the other hand, another definition of globalization would highlight its cross-cultural impact, taking into account the nature of globalization as a way cultures interact and learn from each other.…

    • 1908 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Topics to be covered: advancements in shipping, “annihilation of time and space,” effects of chemical dye industry on India, the boom bust cycle of world trade, Britain’s control of world finances by 1900, and improvements in cities.…

    • 576 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Outsourcing jobs has been a topic of great debate for the past several years here in the United States. Those who are against outsourcing stated that it would have a negative effect on the U.S. economy because we would lose our competitive advantage to other countries and hundreds of Americans would lose their jobs, which include not only low-skilled workers but also semi-skilled and skilled workers, and in the end this does not leave enough jobs for the American people. American economists and policymakers that have favored outsourcing seem to have been misled because they believed the United States would be successful if we specialized in research and innovation, and let developing countries do the manufacturing.…

    • 3887 Words
    • 16 Pages
    Better Essays
  • Powerful Essays

    However, this complexity can be seen as a positive instead of a negative. The good news is, if you…

    • 2582 Words
    • 17 Pages
    Powerful Essays
  • Good Essays

    “Globalization describes the process by which regional economies, societies, and cultures have become integrated through a global network of communication, transportation, and trade.” (Globalization, 2010). Nowadays, small business has to compete against multinational companies face to face as globalization becomes an irreversible momentum. In some case, small business have no need to against the large companies because they focus on different scale until the small companies grow up. However, I agree that small business in IT industries cannot compete against multinational companies when small companies become threats to the lager ones. In this essay, I will explain why small business still exist today and compare their advantages to multinational companies in the sector of financial strengths and productivity advantages.…

    • 957 Words
    • 3 Pages
    Good Essays