Outsourcing

Outsourcing: The effects of moving jobs overseas. Emma Farmer April 30th, 2010 Park University Abstract Outsourcing is one of the top business challenges today for companies. It can be viewed as a major obstacle or an outstanding opportunity. I will be discussing about the disadvantages of outsourcing and the effects. Since the 1970s companies have begun outsourcing jobs to some other countries for cheaper labor. In the past this has primarily affected the manufacturing industry. As applied science has advanced, more and more industries have been affected by this outsourcing trend. whacking corporations have been trying to find any way possible to increase their profit margin, however by doing so they be supporting the increase of the gap between the haves and the have nons. Over the past several years since the Bush administration, millions of delicate jobs have been lost and replaced with nothing. The middle class income family is vanishing into poverty charm the wealthy top 10 percent are get wealthier. The average income level has increased some 2 to 3 percent while inflation has increased some 30 percent over the past 30 years. How are American working families supposed to support their families when the scale is being tip against them?

Some of the more high happy industries that have been wedge by outsourcing at an ever increasing and alarming step are: Information Technology, Programming, Finance, Human Resources, and Tax Preparation conscionable to name a few. Because of the advances in technology, communicating with outsource partners has no longer acted as a barrier between the bodied offices and the offshore company asset. This has allowed more and more high skilled jobs to be sent off to cheaper labor. Mr. Mah has done some statistical research on outsourcing in the IT field in 2004. His findings observe that out of the over 130 companies that responded to the survey outsourced anywhere from a quarter to half of their IT work and... If you want to get a full essay, order it on our website: Orderessay

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