OUTSOURCING OF AMERICAN JOBS essays

OUTSOURCING OF AMERICAN JOBS essays In this paper, my main aim is to describe the impact of the outsourcing of American jobs to overseas. Addressing this issue is especially critically, because there are almost two schools of thought: one that believes on the usefulness and benefits of the outsourcing and the other that vehemently oppose outsourcing and focus on its negativity. For example, several policy makers and government agencies believe that outsourcing may reduce the cost of the manufacturing of products and provide services at cheaper prices, however, other believe that outsourcing has contributed massive lay-offs of American workers from their jobs. In reality, both of the views are partially correct, because outsourcing of jobs may have both positive and negative effects on our economy and society. Therefore, one needs to focus on both sides. For example, countless activities such as transcription of medical records, completion of tax forms, and software programming, when done overseas provide the advantages of completive priced products and services (Goldsmith, 2003). Besides when these basic activities are being done overseas, they provide the companies to focus on their core competencies. In addition, outsourcing of mundane and routine activities overseas allows companies to innovate and bring new products and services quickly. The other positive effects of outsourcing can be seen at a global level. By outsourcing several jobs in developing countries and third-world countries, the developed country like America provides people around the globe employment and wages. Also, many of the products and services that are no longer considered critical in American markets can be sold at third world However, all of the effects of the outsourcing have not been the positive. The outsourcing of the jobs has created unemployment in home. People's purchasing power is decreasing and common mass i ...