Offshore outsourcing and its impact on America

Type :

Presentation

Pages :

10 pages

Format :

.doc

Published date :

01/22/2009

Category :

Business & market

Sub category :

Marketing

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Summary :

Introduction.
Impact on the US economy.
1. The term outsourcing according to Dr. William Llewellyn.
2. High profits as the motivating factor.
3. The manufacturing industry.
4. Experts at McKinsey Global Institute: Identifying sunk costs in physical and human capital.
5. Cost saving explanation for offshore outsourcing.
Benefits of offshore outsourcing.
1. Proponents of offshore outsourcing.
2. 'The specific decisions are made on hard-nosed business grounds'.
3. Generating jobs abroad and opportunities for their products and services.
4. Albino Barrera: Outsourcing jobs overseas make economic sense.
5. The range of activities being outsourced.
Risks and negative impacts of offshore outsourcing.
1. Making offshore outsourcing decisions on the basis of availability of human resources and services available.
2. BPO: employees belonging to the average middle or lower class.
3. BPO: Businesses proliferation to defense industries.
4. Offshore outsourcing and the demand for high cost healthcare and benefits by local workers.
Future overview of offshore outsourcing.
1. The outlook for offshore outsourcing.
2. Karaomerlioglu and Ansal: Sustainable long term growth strategy.
3. States and federal governments.
Conclusion.
References.

Abstract

Although no one knows the exact size of offshore outsourcing businesses there is no doubt it has become a leading way to manage costs and reduces time to delivery for a large number of companies in the Western continents. Due to the proliferation of globalization companies around the world are resorting to offshore outsourcing with the view to compete successfully against others by decreasing their bottom-line costs and increasing profit margins. Major Banks, IT and service oriented companies have managed to save costs through low wage countries, and remain successful within their respective industries. Even government organizations have also resort to offshore outsourcing of sensitive data threatening the position of the country. However, with these advantages there are disadvantages as well.