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Argumentative Essay on Outsourcing
The development of economy and technologies brings numerous advantages in our world. All of us enjoy the contemporary era of speedily evolving branches of life. However, we sometimes do not notice the other side of this medal. In recent period of globalization and multi-national expansion there appeared controversial phenomena – outsourcing. In couple of words outsourcing means moving resources to low-cost countries. Is it positive or negative? Let us try to think about merits and demerits of outsourcing.
Of no doubt outsourcing does have significant advantages. Great number of corporations has already accepted this policy of business and now faces numerous benefits. Transferring business functions may bring sound savings as business in low-cost countries is usually much cheaper than inside. Sometimes quality of final product or service may be reduced together with expenses, but the final quality-cost ratio appears more preferable.
According to the policy of competitive advantage such quality level reduction is not meaningful here. Recently more and more foreign employees get appropriate education and training in order to perform better quality results. Outsourcing also creates new jobs, according to Kripalani (2003). Developing countries like India or China benefit soundly from outsourcing as it solves serious problems of employment, education, wages, and as a result quality of life. Due to these advantages outsourcing is nowadays involved in various fields of business. It started in manufacturing, yet now it distributed to accounting, IT technologies, engineering, telemarketing, software developing, public and human relations, journalism, and many other areas. Hence benefits of outsourcing for corporations are obvious: low labor costs, increased productivity, opportunity of positioning onto international market.
Many economists and politics (like “left” parties) consider outsourcing a strategy harmful for national economy. They are not completely wrong. Outsourcing indeed has some certain disadvantages that make it much less preferable from definite standpoints. The major disadvantage of outsourcing is depriving local specialists of stable jobs. This aspect is very important to my mind. According to Reingold (2004), numerous American employees faced changes caused by outsourcing policy and suffered soundly from them. Being fired from their companies, many people stay unemployed, and this fact is scaring. Besides, quality level of outsourced services sometimes is too low. Moreover, the subject of security becomes more and more acute in the area of outsourced production. The issue of fraud is put under the spotlight now. Hence the disadvantages of outsourcing are: lowering quality, increased insecurity of business, and depriving domestic workers of jobs. Hence, outsourcing has both advantages and disadvantages, as any phenomena in contemporary business.
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126 Outsourcing Essay Topic Ideas & Examples
Inside This Article
Outsourcing has become an increasingly popular business practice in today's global economy. Companies often turn to outsourcing to reduce costs, increase efficiency, and focus on their core competencies. However, outsourcing is not without its controversies and challenges. In this article, we will explore 126 outsourcing essay topic ideas and provide examples to help you better understand this complex and evolving phenomenon.
- The impact of outsourcing on the economy
- The pros and cons of outsourcing
- Outsourcing vs. offshoring: what's the difference?
- The role of technology in outsourcing
- Outsourcing and job loss
- The ethics of outsourcing
- Outsourcing in the healthcare industry
- Outsourcing in the manufacturing industry
- Outsourcing in the IT industry
- The future of outsourcing
- Outsourcing and globalization
- Outsourcing and corporate social responsibility
- The outsourcing of customer service
- Outsourcing and small businesses
- Outsourcing and data security
- Outsourcing and the gig economy
- Outsourcing and the environment
- Outsourcing and legal implications
- The outsourcing of government services
- Outsourcing and cultural differences
- Outsourcing and supply chain management
- Outsourcing and human rights
- Outsourcing and innovation
- Outsourcing and risk management
- Outsourcing and the sharing economy
- Outsourcing and artificial intelligence
- Outsourcing and corporate governance
- Outsourcing and corporate strategy
- Outsourcing and corporate culture
- Outsourcing and corporate branding
- Outsourcing and corporate restructuring
- Outsourcing and corporate finance
- Outsourcing and corporate sustainability
- Outsourcing and corporate ethics
- Outsourcing and corporate compliance
- Outsourcing and corporate citizenship
- Outsourcing and corporate reputation
Outsourcing is a complex and multifaceted business practice that has both benefits and drawbacks. By exploring these 126 outsourcing essay topic ideas and examples, you can gain a better understanding of the various issues and challenges associated with outsourcing in today's global economy. Whether you are a student, a researcher, or a business professional, these topics can serve as a valuable resource for further study and analysis.
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Home / Essay Samples / Business / Outsourcing / Benefits Of Outsourcing For The Us Economy
Benefits Of Outsourcing For The Us Economy
- Category: Government , Business
- Topic: Economic Growth , Outsourcing
Pages: 4 (1808 words)
Views: 1610
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Works Cited
- Coontz '04, George. 'Opinion: The Benefits and Costs of Outsourcing Jobs. ' digitalcommons. iwu. edu. The Park Place Economist: 2008.
- Correnti, Madison. “Outsourcing Overseas and its Effect on the US. Economy. ” ncbfaa. org. National Custom Brokers and Forwarders Association of America, Inc.
- G. Chambers, Elizabeth. Foulon, Mark. Handfield-Jones, Helen. M. Hankin, Steven. G Michaels III, Edward. “The war for talent. ” mckinseyquarterly. com. The Online Journal of McKinsey & Co: 29 Aug. 2007.
- Iqbal, Zafar. Munir Dad, Aasim. “Outsourcing: A Review of Trends, Winners & Losers and Future Directions. ” ijbssnet. com. International Journal of Business and Social Science: July 2013.
- Perry, Mark. “We hear about US jobs outsourced overseas (‘stolen’) but what about the 7. 1M insourced jobs we ‘steal’ from abroad?” aei. org. AEIdeas: 9 Nov. 2018.
- Seshasai, Satwik. Gupta, Amar. “Global Outsourcing of Professional Services. ” ebusiness. mit. edu
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