Providing different opportunities for employees-businesses

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Reference no: EM131090372

Outsourcing and offshoring are interesting topics that we are used to hearing a lot about. Regarding goods and services, everyone is eager to use offshore manufacturing, decrease tariffs, and make trade easier. Now, we see the complete opposite when it comes to labor. There are more restrictions, more visas, and talk of fences—not only in the United States but also in Europe, where more and more immigrants are going. So, yes, employees in developed countries lose their jobs to offshoring and face additional competition from immigration. That is the general idea with which the labor movement gets identified.

For this discussion, answer the following questions: How has outsourcing helped developing and emerging economies? On the other hand, how has it hindered the economies of developed countries? Does outsourcing only hinder developed countries, or is outsourcing providing different opportunities for employees and businesses? For example, the retraining of manufacturing employees has had a boost on community colleges and higher education in general.

Reference no: EM131090372

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