Does consumer benefit and are prices lowered by outsourcing

Assignment Help Business Management

Reference no: EM133655714

Problem: International trade has always depended to some extent on countries basing their exchange on their own competitive advantage. For example, a developed country might import raw materials from an underdeveloped country and export finished consumer goods. Recently there has been an accelerated shift towards outsourcing, where companies' contract with third parties to perform functions for them, for example manufacturing goods on their behalf, managing their payroll, providing data services and IT support, and even providing customer support or billing services. This has been especially evident in "offshoring", where jobs which were previously done in the West are done in a lower-wage country (e.g. in China or India) by workers employed by the same company or, increasingly often, by a contractor. Take a position on one these topics and share your thoughts. Does the consumer benefit? Are prices lowered by outsourcing? Does outsourcing enhance efficiency and productivity? Does outsourcing encourage competition? Is this a good thing?

Reference no: EM133655714

Questions Cloud

List the pros-cons the organizations social media strategy : List the pros/cons the organization's social media strategy, and your recommendations for improving its strategy.

Identify three plausible reasons that theft is taking place : Identify three plausible reasons that theft is taking place. Use the weight-of-reasons framework to recommend solutions to the problem.

Who are the stakeholders in the company : Does GAP have a clear mission or vision statement with respect to corporate culture and core values of the company? Who are the stakeholders in the company?

When an accident occurs in a country that is a signatory : When an accident occurs in a country that is a signatory to the ICAO convention, the country where the aircraft is registered is responsible for investigation.

Does consumer benefit and are prices lowered by outsourcing : Take a position on one these topics and share your thoughts. Does the consumer benefit? Are prices lowered by outsourcing?

What is the appropriate journal entry to record : Income before depreciation expense in 2025 was $520000. What is the appropriate journal entry to record the prior period adjustment

What is a value curve and how is it use with strategy canvas : What is a value curve and how is it used with a strategy canvas to evaluate the effectiveness of a company's strategy?

What is the value of output that would be included : Bikes left from last year. Also last year, they sold 90 bikes for $50 per speeder. What is the value of output that would be included in the GDP for the last

What is this type of financing arrangement known : Casa Loma Development at a mutually agreed-upon lease rate. What is this type of financing arrangement known as in project finance

User Account

All Pages