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Published byWilfrid Harris Modified over 9 years ago
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Outsourcing
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Effective cost saving strategy. Employed by numerous firms around the world.
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Multiple factors involved in outsourcing jobs to countries like India and China #this is where you explain the factors and show the difference between the costs from the picture.
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Outsourcing is a boon for developing countries but domestic worker’s worst nightmare.
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Gaining balance The government can implement policies that set a limit to the amount of jobs that can be outsourced. This will ensure that firms do not lose a significant amount of profits while maintaining a respectable amount of jobs available for the domestic workers.
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