StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Nobody downloaded yet

Effect of Corporations Moving Jobs Overseas on the Economy - Coursework Example

Comments (0) Cite this document
Summary
"Effect of Corporations Moving Jobs Overseas on the Economy" paper is an effort to see how outsourcing has gained acceptability over the years and which are the key motivators driving the demand for outsourcing destinations and which are the types of risks associated with such ventures. …
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER95.9% of users find it useful
Effect of Corporations Moving Jobs Overseas on the Economy
Read TextPreview

Extract of sample "Effect of Corporations Moving Jobs Overseas on the Economy"

Download file to see previous pages The issue comes into focus, whenever there are political, economic debates or talks about H1B visa limits. The economic slowdown has further led to the intensification of these debates. But, despite apprehensions from different quarters, neither the companies nor the government has said a final word on the trend. Increasing levels of competition amongst the corporate houses have been one of the key highlights of the globalization era. Be it the retail sector, the banking, the automobile, the IT-enabled services, the white goods space, etc. the companies have always been on the lookout for reaching out to more number of customers while doing everything possible to please the existing lot. Leveraging the economies of scale has proved to be one of the main tools for keeping the costs down and offering the best of the services to the customers. The phenomenon of outsourcing has brought about quite a few changes in the way business houses carry out their business or IT enabled services are provided to the retail and corporate clients. In the last 15-20 years, the trend of outsourcing i.e. sending across a range of jobs across the countries and continents seems to have become an industry in itself. While on the one hand the pioneering changes brought about by Information Technology has made this possible, the increasing levels of competition in the globalization regime have made companies all the more conscious about the cost-benefit ratios.

As the profit margins are heading southwards, multinational corporations around the globe have started looking for locations where they could shift some of their non-strategic jobs in order to cut costs. China, India, Philippines, South Africa, Thailand, Russia, Poland, Mexico, Indonesia, Vietnam, etc. are some of the countries where MNCs from the USA, UK, Germany and other developed nations have started outsourcing the jobs. While on the one hand, the outsourcing decisions have benefited many corporate houses, there are instances when such decisions have also resulted in challenging circumstances for the corporate houses.   ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Effect of Corporations Moving Jobs Overseas on the Economy Coursework, n.d.)
Effect of Corporations Moving Jobs Overseas on the Economy Coursework. https://studentshare.org/macro-microeconomics/1727411-effect-of-corporations-moving-jobs-overseas-on-the-economy-or-alternative-sentencing-for-criminals
(Effect of Corporations Moving Jobs Overseas on the Economy Coursework)
Effect of Corporations Moving Jobs Overseas on the Economy Coursework. https://studentshare.org/macro-microeconomics/1727411-effect-of-corporations-moving-jobs-overseas-on-the-economy-or-alternative-sentencing-for-criminals.
“Effect of Corporations Moving Jobs Overseas on the Economy Coursework”. https://studentshare.org/macro-microeconomics/1727411-effect-of-corporations-moving-jobs-overseas-on-the-economy-or-alternative-sentencing-for-criminals.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Effect of Corporations Moving Jobs Overseas on the Economy

Gas Price effect on the economy

...?Gas Price Effect on the Economy Economy is defined by dictionary as a Careful, thrifty management of resources, such as money, materials, or labor. It is a system or range of economic activity in a country, region, or community (Definition of Economy, 2009). The economy is affected by numerous factors that are influenced by the consumption of goods and services. Our consumption of the goods and services greatly affects the wealth, jobs, and overall economy of the country. Economies of countries differ in the pace of evolution. Some develops faster and stronger than the others. Other factors can also be influence by the policies of the government, industry, technology, raw materials, and environment. The prosperity of the economy rises...
2 Pages(500 words)Essay

Corporations

... corporation by filing an amended certificate of incorporation with the Secretary of State (Delaware General Corporation Law, Section 345). However, an amendment changing the status of the corporation must be approved by not less than a two-thirds majority of outstanding shares (Delaware General Corporation Law, Section 346). Other Agreements Some of the family members have expressed a number of conditions and concerns relative to their becoming members of the company and investing their time and resources in the company. To accommodate these concerns and conditions, it is advised that the members sign a limited liability company agreement. The effect of a limited liability company agreement is to provide “that a peson shall be admitted...
19 Pages(4750 words)Essay

Moving Towards an Open World Economy

...Many misconceptions surround the move toward trade liberalization In "Moving towards an Open World Economy: the Next Phase," Robert Litan discusses the future of the World Trade Organization (WTO) after the round of talks and demonstration in Seattle. Major issues shape both the perceptions and reality of trade liberalization. In order to achieve its objectives of enhanced global commerce and competition through trade liberalization the WTO must help improve the political atmosphere for further liberalization. Governments should be engaging in less promise of job increases as a result of trade liberalization but should inform the public about the lasting increase in the global standard of living. They should also change their message...
1 Pages(250 words)Article

American Corporations that has outsourced jobs

..."If all manufacturers sang from the same hymnal--and many do--they would outsource almost everything: management gospel holds that manufacturing is too labor -- and capital-intensive to support the high margins and fast growth that investors demand. By shedding assets, companies can be born again as product designers, solutions providers, industry innovators, or supply chain integrators-and, it is said, quickly boost their return on invested capital" (Doig, Ritter, Speckhals, & Woolson 2001). The purpose of this essay is to identify an American corporation that has outsourced jobs and discuss that corporation in terms of its nature, size, and power, as well as how it presents itself to both stockholders and the general public...
3 Pages(750 words)Essay

Corporations

This is particularly the reason behind the constant application of law within the systems accepted by the organization as per guided by the local governments seeing through the operations of the said business groups. In this side of the situation, the fact that corporation has the advantage of enjoying the limited liability guideline is one of the most important laws that had been created to at least assist in the process of incorporating legalities in the business operations of the organization within and even outside the territories of the said business group. However, to be able to understand the matter well, it is first important to know what limited liability actually stands for and how much it naturally affects the ventures...
4 Pages(1000 words)Essay

Moving a Companys Production Facilities to an Overseas Location

...Moving a Company’s Production Facilities to an Overseas Location Explain the ethical issues when the board of directors must approve plans for moving a company’s production facilities from a stateside location to an overseas location The ethical perspectives that need to be understood here depend a great deal on the aspects related with relieving the jobs of the employees. They will find it hard to get another job and hence ethical implications are sure to hit the organization in a very direct manner. Also the locals will have a lot of resentment when the stateside location is shifted to an overseas one. The conflicts will continue to grow because the company’s stakeholders will find it hard to digest as to how they could be taken...
1 Pages(250 words)Essay

GrammLeachBliley Act and its effect in Economy

... of Gramm-Leach-Bliley Act and its Effect in Economy Introduction This paper seeks to outline the effects of Gramm-Leach- Bliley (GLB) Act in the economy from different points of view including that of regulators, investors, financial institutions. This paper will discuss first the nature and original purpose of the Act, how it became a law, what the arguments for and against were before its enactment and what regulators, investors, financial institutions are now saying about the effects of the law to the economy. This will then analyze and evaluate the arguments and counter arguments in relation to available evidence on the matter and will decide how GLB objectively affected the economy. 2. Analysis and Discussion 2.1 Nature...
17 Pages(4250 words)Essay

Shipping Jobs Overseas (How it affects United States Economy)

... How Shipping Jobs Overseas affects the U.S. Economy With the advent of the internet and massive computing systems the world is becoming an ever-shrinking globe. National boundaries are becoming blurred as people in other countries, notably Mexico and India, begin working for companies in the United States. Globalization and the resulting process of outsourcing has been a hotly debated topic in the media, political and social circles for the past several years. It is typically viewed as a necessary and unavoidable key to future world economic development. Others have denounced the process as it seems to increase the current inequalities that exist within and between nations, threatens the employment and living standards of individuals...
6 Pages(1500 words)Research Paper

Moving

This is because of several physical, emotional, financial and mental needs the teenager is not prepared to be burdened with. A teenager at such a tender age has not matured to accommodate certain roles that accompany pregnancy and motherhood. A conservative home driven by religious fundamentalism can be a hot place for a girl who has become pregnant or who is a mother. For a person who is 17 years of age, or even lower, and is either expecting or has delivered, the experience can be overwhelming. This is a problem at home, and it is often ignored and frequently overlooked, yet affects a large number of homes. This paper explores the effects of problem of teenage pregnancy and teenage motherhood.
Teenage pregnant girls have hi...
4 Pages(1000 words)Essay

Global Economy and Transnational Corporations

...Global Economy and Transnational Corporations Robert Reich (2010) argues that the wealth of nation will be defined by the human capital in that nation as opposed to private capital (such as multinational firms). This theory is accurate in that a nation can have a very huge capital and still not benefit because most of the benefits of these big firms go to their home countries. However, he also refuses to address the fact that this private capital also helps the local economy to achieve some economic benefit such as improving infrastructure and also improving education. If Reich’s theory is valid, then the role of the government is crating competitiveness for the nation is by being he custodians of the economy as opposed to being just...
2 Pages(500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Coursework on topic Effect of Corporations Moving Jobs Overseas on the Economy for FREE!

Contact Us