To fully understand outsourcing, it is also necessary to conceive that outsourcing is not just limited to national borders; it can also be done from outside the borders, which is called offshoring or offshore outsourcing. Most of the companies make use of offshore outsourcing, that is hire people overseas, because that’s where the sales are (forbes.com). “A 2011 report from the U.S. Commerce Department says that about a third of the roughly 31 million U.S. employees of multinational firms work abroad — and growing. That’s because with only about 4 percent of the world’s population and a burgeoning middle class in several heavily populated developing countries, such as Brazil, Russia, India and China, the fastest growing markets are outside the...
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Outsourcing does come with a few disadvantages and does not necessarily work successfully for a few organizations, however, it comes with a lot more advantages and works successfully most of the times for a majority of the organizations, and therefore, outsourcing is undoubtedly one of the best and the most effective ways to improve business practices and therefore, is being increasingly adopted by many organizations.
"Companies 'Outsource ' Because That 's Where The Sales Are." Forbes. Forbes Magazine. Web. 15 Nov. 2015. .
"Outsourcing." Entrepreneur. Web. 15 Nov. 2015. .
"Outsourcing to China Cost U.S. 3.2 Million Jobs Since 2001." U.S.News & World Report. Web. 15 Nov. 2015. .
"Pros & Cons of Outsourcing Manufacturing Jobs." Small Business. Web. 15 Nov. 2015. .
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