Criticism from the us public and some politicians

Assignment Help Macroeconomics
Reference no: EM131061771

Outsourcing, has attracted much attention since it became a hot topic during the last presidential election in the USA. Companies in the USA and Europe are now sending jobs off to India or China or some other country where they can be done at a lower cost, increasing the profit margin and productivity. Productivity increases are made possible by the 24-hour work day; when the office in the US is ready to close, its Indian counterpart is ready to begin, thus creating a continuous work cycle. Despite the advantages of outsourcing for companies, the practice has attracted much criticism from the US public and some politicians.

Companies have laid off workers in the US and hired people in India or China to do the same kind of work for less, for example, call centers in India. Many American companies have outsourced their customer service department to India. So when you call for service, the call is picked up in India. In addition to concerns about many Americans losing jobs, people have complained about the quality of service provided. The complaints arise mainly because of the difficulty in understanding their accent or due to the cultural differences. Nevertheless, a person who believes that he has received bad service will have a negative opinion on outsourcing.

What is your opinion on outsourcing?

Reference no: EM131061771

Questions Cloud

Identify some data members and methods : List at least three classes you think should be in the design. For each class, identify some data members and methods
What was your reaction to watching this program : What elements of the story of the woman who described her struggle with bulimia correspond to the textbook discussion in the Food for Thought section on binge eating?
What will you suggest to mitigate these risks : Prepare a report outlining the major security threats faced by NDAS. Be sure to identify those that you think are major threats and those that are minor threats.
Exploit the philips curve relationship : Can policymakers exploit the Philips curve relationship by trading more inflation for less unemployment in the shortrun? In the long run?
Criticism from the us public and some politicians : Despite the advantages of outsourcing for companies, the practice has attracted much criticism from the US public and some politicians.
How to implement a process to apply for your project : ITEC150 - System Development and Data Management. The main objective of this study is to teach you how to implement a process to apply for your project so that the task of software development becomes more repeatable, manageable, traceable, product..
Trade-offs and opportunity costs : View "Trade-Offs and Opportunity Costs," located on the YouTube website. Share an example of your own experience in which you had to decide on an opportunity cost that would affect you. What outcome did the decision have on your economic situation..
Accounting for decision makers : Directions: Answer all the questions. Please submit your work in Word or PDF formats only. You can submit an Excel file to support calculations, but please "cut and paste" your solutions into the Word or PDF file. Be sure to show how you did your ..
Calculates triangle numbers by using a recursive function : A triangle number is the sum of all whole numbers from 1 to N, in which N is the number specified. For example, triangle(5)= 5 + 4 + 3 + 2+ 1. (c++ problem)

Reviews

Write a Review

Macroeconomics Questions & Answers

  Increase real gdp

Assume that the MPC is 0.85 and that the Government is considering to boost the economy to increase real GDP by $2 trillion for the 2008 general elections.

  Illustrate what impact would these investment flows

In which direction would international investment flow in response to these real interest rates. Illustrate what impact would these investment flows have on the dollar exchange value.

  Utilize the principle of contracting-out to provide economic

Utilize the principle of contracting-out to provide an economic argument for contracting-out or outsourcing some government-provided service or aspect of a firm's production.

  What is the optimal quantity of public good services

Attila (A) and Francis (F), live on Coconut Island and face the problem of determining the amount of military defense they need to repel a potential invasion from neighboring islanders. Defense is a jointly consumed pure public good. They agree to..

  Monopolistically competitive firm

1. In the long run, the most helpful action that a monopolistically competitive firm can take to maintain its economic profit is to

  What are the major economic challenges faced by the us today

What are the major economic challenges faced by the United States today? How successful has the government been in addressing these challenges and what type of policies in your opinion are most effective and why?

  Econ 5120 macroeconomic theory

ECON 5120 Macroeconomic Theory, Draw the phase diagram for this case. b) Show that regardless of the economy’s initial conditions, eventually the growth rates of A and K (and hence the growth rate of Y) are increasing continually.

  Drawing the budget set of a consumer with income

If the government imposes a quantity tax on the consumption of a good, it means that the consumer has to pay for each unit of the good its price plus the tax.

  The effect of an increase in the growth rate of the money

The Effect of an Increase in the Growth Rate of the Money Supply on the Interest Rate

  What is the difference between real and nominal gdp

What is the difference between real and nominal GDP? Does GDP accurately reflect the nation's welfare

  What was the main component of ni

1. What is the difference between gross domestic product (GDP) and gross national product (GNP)? 2. Based on the table, what calculations must you make to determine GNP from GDP? 3. What is national income (NI)? 4. Which was higher in this year, GNP ..

  Difference between consumer demand or its optimal level

The company selling the good starts an advertisement campagin that has the following effect on the consumer: he makes decisions as if maximizing a decision utility function given by ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd