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Essay

The role of outsourcing in our global economy

Essay specific features

 

Issue:

Business

 

Written by:

Elane A

 

Date added:

June 17, 2015

 

Level:

 

Grade:

A

 

No of pages / words:

2 / 498

 

Was viewed:

2401 times

 

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Essay content:

Although outsourcing to foreign countries can help to increase company revenues, decrease production costs and improve production rates, there are also costs a company must weigh when determining if this is the optimal choice. The public's perception of the company may decrease as a result of moving work overseas, as many US citizens choose to purchase only American-made products, especially during times of economic recession...
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The public's perception of the company may decrease as a result of moving work overseas, as many US citizens choose to purchase only American-made products, especially during times of economic recession. This can lead to a decrease in company goodwill and negative reactions to the product brand. The company's increased revenues, however, can result in higher salaries for the retained American employee, bring in greater national profit, and can help revive or build a financially successful company...
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