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"Outsourcing"
Question: Will outsourcing to countries like China and Indonesia backfire on American investors?
I fully understand the risk vs return principle—but how long can we continue to do business with government that could potentially turn “against” foreign investors? The closest example I have is with Cuba’s revolution and their nationalization of Texaco’s refineries after Fidel took total power. From a purely business standpoint, such companies like Texaco lost big from such a loss-how can we protect our investments in China–if China decides it’s in their best interest to nationalize American or English, etc owned properties and plants? Any ideas or thoughts would be appreciated. Thanks!
Answer:
Answer by bilez1
no. investments overseas are generating more profit, as a percentage, than similar investments at home. with a recession looming, this trend will likely continue for at least another year. additionally…the leadership in these countries know said investments are good for maintaining harmony among their people.
Question: What are your views on offshore outsourcing?
I’m doing a research paper on the subject and its effects on the U.S. economy. Just trying to see what other peoples opinions are on the matter. I am personally for it but maybe someone can convince me otherwise or further support my beliefs.
Answer:
Answer by Pietro
In a mixed market system, who can say there’s anything wrong with outsourcing? If consumers as a whole cannot choose to buy products from companies that don’t outsource, then the people asking the government to moderate outsourcing is hypocrisy and ridiculousness.
Question: What is advantages and disadvantages of outsourcing for manufacturing company?
Answer:
Answer by Genuis by Design
advantages:
1. cheaper
2. faster
3. better
disadvantages:
NONE
any questions ?
Question: Does unemployment or a goverment program help pay for college if my job was lost to overseas outsourcing?
I heard this exists, something about it also gives you an extra $ 100 a week with your unemployment while you are going to school up to two years. All very rumoresque.
Answer:
Answer by cbmttek
Not really.
There are re-education programs out there that are government funded (usually state, county, or city, not federal.) If you qualify, and they have the budget, they will pay for some retraining to get you back into the workforce.
Check with your local government and you unemployment office. A lot of the time these programs run out of funding about halfway through the year, but if you are one of the lucky ones, you may be able to take some courses.
Question: How many US jobs have been lost to outsourcing in 2006?
We the people never hear the count on how many US jobs are lost to outsourcing to other countries and more important what our government is doing to turn this trend around. I feel the balance is way out of line and is hurting our country tremendously! I’ve talked to many others who feel the same way!
Answer:
Answer by Jessica P
Almost all of them!
Question: What kind of jobs might be created as a result of outsourcing?
And what kind of jobs might be eliminated?
Answer:
Answer by Bored Goblin
low skills jobs are eliminated – manufacturing, call centers
high-skill jobs are created – design, sales, customization, installation, maintenance.
Question: Why should Business get a cheep tax rate, When they caused most of our problems with outsourcing?
We have a aging and retiring population, Which Business have worked, almost to the grave, now they want to cut health care and SS to give the same trash a tax cut, LOL.
Answer:
Answer by Newells Genitals
Costly regulations like the health care bill, out of control unions and high taxes have run business out of the country. Liberals are to blame. Enjoy your unemployment insurance and welfare benefits while they last.
Question: How will cutting taxes for the Rich and Corporations stop Outsourcing?
Even if you cut taxes for the Rich and Corporations (or people who make over 250K), why would that stop corporations from using CHEAP LABOR?
Answer:
Answer by Brown9489
There is no cause and effect there. Didn’t I warn you Republicans about trying to play with logic? You simply do NOT have the feel for it.
Question: Why do Americans complain about outsourcing while still demanding cheaper goods and services?
You can’t have your cake and eat it too.
Answer:
Answer by Who, me?
Because many people don’t understand how economics work.
Question: Could we save money by outsourcing some of our heathcare to Cuba?
It’s only 70 miles away, and their doctors speak spanish. We could save billions sending patients there.
Answer:
Answer by Rico
That happens already in a way. People go to Mexico and many other nations because they can’t afford care in the U.S.