BUS 401

MODULE 3 – CASE

OUTSOURCING

Outsourcing started in the manufacturing industry as a way to lower labor costs and shipping costs. By the 1970s, many consumer electronics were manufactured overseas and by the 1980s more businesses started to follow suit to keep costs manageable. According to Forrester Research, by 2015 3.3 million jobs and $136 billion in wages will move to India, China, Russia, Pakistan, Vietnam, et al (William Greene, 2006). While outsourcing has many advantages for companies that contract out some of their business functions, the job loss it creates in the US has caused many uncertainties for the US public and economy. While outsourcing may not be a short term solution and only benefits a company in the long term, there are both advantages and disadvantages to outsourcing.

Outsourcing has been around for a long time. Companies are always in search of ways to cut costs and customers will always want better service at......

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Title: Outsourcing
Approximate Word Count: 661
Approximate Pages: 3 (250 words per double-spaced page)

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