OUTSOURCING OF AMERICAN JOBS

             In this paper, my main aim is to describe the impact of the
             outsourcing of American jobs to overseas. Addressing this issue is
             especially critically, because there are almost two schools of thought: one
             that believes on the usefulness and benefits of the outsourcing and the
             other that vehemently oppose outsourcing and focus on its negativity. For
             example, several policy makers and government agencies believe that
             outsourcing may reduce the cost of the manufacturing of products and
             provide services at cheaper prices, however, other believe that outsourcing
             has contributed massive lay-offs of American workers from their jobs.
             In reality, both of the views are partially correct, because
             outsourcing of jobs may have both positive and negative effects on our
             economy and society. Therefore, one needs to focus on both sides. For
             example, countless activities such as transcription of medical records,
             completion of tax forms, and software programming, when done overseas
             provide the advantages of completive priced products and services
             (Goldsmith, 2003). Besides when these basic activities are being done
             overseas, they provide the companies to focus on their core competencies.
             In addition, outsourcing of mundane and routine activities overseas allows
             companies to innovate and bring new products and services quickly. The
             other positive effects of outsourcing can be seen at a global level. By
             outsourcing several jobs in developing countries and third-world countries,
             the developed country like America provides people around the globe
             employment and wages. Also, many of the products and services that are no
             longer considered critical in American markets can be sold at third world
             However, all of the effects of the outsourcing have not been the
             positive. The outsourcing of the jobs has created unemployment in home.
             People's purchasing power is decreasing and common mass i
             ...

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OUTSOURCING OF AMERICAN JOBS. (1969, December 31). In MegaEssays.com. Retrieved 15:10, May 03, 2024, from https://www.megaessays.com/viewpaper/200846.html