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How did outsourcing work to Wipro improve General electric's ability to compete in the global economyDoes such outsourcing harm or benefit the American economy?
Wiki User
∙ 13y ago
By By Outsourcing GE was able to reduce the labor cost of its total operation
cost. This increased their ability to be competitive in the global market
place.GE's work with Wipro gave GE access to local knowledge to penetrate the Indian market.GE's work with Wipro gave GE a launching pad to other Asian markets.
•In short-term, yes, such outsourcing did hurt American workers whose jobs were outsourced, but in a longer-term. It improved the economy through job growth
Wiki User
∙ 13y ago
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