US manufacturers have become vulnerable to offshore outsourcing as a way to cut the cost of production while allowing profits to grow. As the cost of labor and taxes continue to rise in the US, this practice will become more commonplace for companies who wish to secure low cost labor and higher profits.
US manufacturers became vulnerable to offshore outsourcing as a result of many various laws enacted by the US itself. Tax laws are not favorable for companies. Labor rates in the US are also very high compared to labor rates in the rest of the world. Due to the high tax rates and high labor rates it is to most manufacturers' advantage to take advantage of offshore outsourcing.
giving the outsourcing partner the opportunity to become a stong competitor
IT outsourcing has become increasingly popular in recent years. This is due to the lower costs involved. They can be found on business websites and classifieds.
they are vulnerable
The process of hiring software developers has become slow and also prohibitively expensive; therefore, outsourcing software development tasks today has become an ideal option. Here are a few destinations that are most comfortable for software development outsourcing. Asia In Asia, "India is considered as a heaven for businesses hoping to employ a web development team. India is known as the popular outsourcing destination in the world. With more than 5 billion software developers available, India offers quite low prices between $18-$25 per hour for custom software development. The major benefit of hiring tech talent in India is the low cost. Other popular countries in Asia where it is possible to hire a dedicated team of offshore developers are the Philippines, Vietnam, and Bangladesh. Eastern Europe Eastern European countries like Ukraine, Belarus, Russia, Poland, Romania, etc. are globally recognized as popular offshore development destinations. Eastern European offshore developers have wide business experience and are knowledgeable in programming languages. Hourly rate of these developers in Eastern Europe ranges between $25 - $40 per hour. Latin America Latin American countries have experienced growth in the software development industry. Some of the top countries in this region are Mexico, Argentina, and Brazil, which are considered as the top offshore development locations. Offshore developers in these countries may charge between $30 - $50 an hour, depending on the qualification of the developer.
I am sure somebody from NMIMS had posted this question to write their assignment....:)
it bhelps us get reasources
He fights without a weapon
It may become endangered
No, lions have a conservation status of "Vulnerable", but they are not extinct.
The factors of production become cheaper thus causing decreased production expenses and ultimately greater margins of profit. Simply put, strategic outsourcing allows one to increase margins of profit.
The men become vulnerable by eating the lotus. The lotus mad them lose all desire to return home and all they wanted to do was stay there with the lotus-eaters.