Outsourcing

Outsourcing, especially to low labor-cost countries, has grown substantially. Be sure to address the following in your paper:

  • Analyze the trade-offs between inputs for the productivity improvements.
  • Analyze the advantages and disadvantages of global sourcing versus producing in the U.S.
  • Describe a product or service of a specific low-labor-cost country as an example.
  • Include a recommendation of a low-labor-cost country based on inputs, trade-offs, and going global advantages.

Your paper should be in paragraph form (avoid the use of bullet points) and supported with the concepts outlined in your text and additional scholarly sources.

Submit your 950 words paper (not including the title and reference pages). Your paper must be formatted according to APA style as outlined in the Ashford Writing Center and must cite at least three scholarly sources in addition to the textbook.

References and cite

Outline is needed

 

 

 

 

 

 

preview of the answer..

Outsourcing is a variation of the industrial process. In understanding what it really is one ought to first juxtapose the traditional means of goods and product creation. The industrial and agrarian revolutions were premised on the production of goods that were then sold for profit. Understandably, the most industrialized and therefore most successful nations were those that produced the most goods and sold them for the highest profit margins. Technology was in a nascent state by the time the industrial revolution was in full swing. Fast transportation and the benefits of taking advantage of low production costs overseas as a concept had not yet taken root. This is not to mean that outsourcing did not exist. It was the economic rationale for …

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