Criticism from the us public and some politicians

Assignment Help Macroeconomics
Reference no: EM131061771

Outsourcing, has attracted much attention since it became a hot topic during the last presidential election in the USA. Companies in the USA and Europe are now sending jobs off to India or China or some other country where they can be done at a lower cost, increasing the profit margin and productivity. Productivity increases are made possible by the 24-hour work day; when the office in the US is ready to close, its Indian counterpart is ready to begin, thus creating a continuous work cycle. Despite the advantages of outsourcing for companies, the practice has attracted much criticism from the US public and some politicians.

Companies have laid off workers in the US and hired people in India or China to do the same kind of work for less, for example, call centers in India. Many American companies have outsourced their customer service department to India. So when you call for service, the call is picked up in India. In addition to concerns about many Americans losing jobs, people have complained about the quality of service provided. The complaints arise mainly because of the difficulty in understanding their accent or due to the cultural differences. Nevertheless, a person who believes that he has received bad service will have a negative opinion on outsourcing.

What is your opinion on outsourcing?

Reference no: EM131061771

Questions Cloud

Identify some data members and methods : List at least three classes you think should be in the design. For each class, identify some data members and methods
What was your reaction to watching this program : What elements of the story of the woman who described her struggle with bulimia correspond to the textbook discussion in the Food for Thought section on binge eating?
What will you suggest to mitigate these risks : Prepare a report outlining the major security threats faced by NDAS. Be sure to identify those that you think are major threats and those that are minor threats.
Exploit the philips curve relationship : Can policymakers exploit the Philips curve relationship by trading more inflation for less unemployment in the shortrun? In the long run?
Criticism from the us public and some politicians : Despite the advantages of outsourcing for companies, the practice has attracted much criticism from the US public and some politicians.
How to implement a process to apply for your project : ITEC150 - System Development and Data Management. The main objective of this study is to teach you how to implement a process to apply for your project so that the task of software development becomes more repeatable, manageable, traceable, product..
Trade-offs and opportunity costs : View "Trade-Offs and Opportunity Costs," located on the YouTube website. Share an example of your own experience in which you had to decide on an opportunity cost that would affect you. What outcome did the decision have on your economic situation..
Accounting for decision makers : Directions: Answer all the questions. Please submit your work in Word or PDF formats only. You can submit an Excel file to support calculations, but please "cut and paste" your solutions into the Word or PDF file. Be sure to show how you did your ..
Calculates triangle numbers by using a recursive function : A triangle number is the sum of all whole numbers from 1 to N, in which N is the number specified. For example, triangle(5)= 5 + 4 + 3 + 2+ 1. (c++ problem)

Reviews

Write a Review

Macroeconomics Questions & Answers

  1 a worker in equador can earn 3 per day making cotton

1. a worker in equador can earn 3 per day making cotton cloth on a hand loom. a worker in the united states can earn 70

  Identify the most significant us gdp results and trends

Identify the most significant U.S. GDP results and trends for the most recent three-year period. Indicate the key factors that you believe have had an impact on the GDP increase or decrease.

  Leading competitors in the auto test equipment company

Tests are supervised by skilled mechanics utilizing equipment produced by two leading competitors in the auto test equipment company

  How do network effects contribute to economies of scale

What is the relationship between economies of scale and a natural monopoly? What is simultaneous consumption and how does it affect economies of scale? What are network effects and how do they contribute to economies of scale?

  What is labor market behavior

What is labor market behavior? What are the positive and negative aspects of this? What is legislative environment in labor market behavior?

  Equilibrium price and quantity with tax effect

Suppose you're an economic advisor in charge of trying to raise a maximum level of tax revenue for the government. You consider taxing the suppliers in the market for corn, a major agricultural product in the United States.

  Identify three effects that trade barriers can have on an

Identify three effects that trade barriers can have on an economy,its industries, and the firms within those industries. Are theseeffects beneficial or detrimental?

  Find the price at which the firm sells the product

Suppose that a firm maximizes its total profits and has a marginal cost (MC) of production of $8 and the price elasticity of demand for the product it sells is -3. Find the price at which the firm sells the product.

  What yield would you need to earn on a taxable bond to be

A new-issue municipal bond rated Aaa by Moody"s Investors Service is priced to yield 8 percent. If you are in the 33 percent tax bracket, what yield would you need to earn on a taxable bond to be indifferent?

  How to estimate the benefits of ownership

Most engineering students own a computer. What cost have you incurred at each stage of your computers life cycle Estimate the total cost of ownership. Estimate the benefits of ownership. Has it been worth its.

  Identify major cross-cultural issues

Identify major cross-cultural issues that may impact the American company's marketing approach in this situation and provide a precise description of how the identified issues may impact the approach American company takes.

  Anbsp if the rate discount is 20 percent a would you rather

a.nbsp if the rate discount is 20 percent a. would you rather receive 100 today or 120 in one year ?b. would you

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd