offshore outsourcing pros and cons

Essay specific features

 

Issue:

Business

 

Written by:

Don S

 

Date added:

April 14, 2016

 

Level:

University

 

Grade:

B

 

No of pages / words:

4 / 917

 

Was viewed:

720 times

 

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Essay content:

In 2000, Riordan Manufacturing (RM) opened a plant in China and moved all of its operations from Michigan to China. Riordan's mission for the future is to focus on "achieving and maintaining reasonable profitability to assure that the financial and human capital is available for sustained growth". RM, the industry leader in the field of plastic injection, employs 550 people...
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RM, the industry leader in the field of plastic injection, employs 550 people. Outsourcing is primarily to save money while taking advantage of skills and technology not found inside of Riordan Manufacturing. Offshore outsourcing offers cost savings through reduction of salary and other related costs...
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