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For my opinion, it can help at the same time it can also hurt. It can help because it's a one way of promoting the country specially with they're services and products that they'll offer it can also give also the United States more man power because of outsourcing that can help to grow their economy, it can hurt because some nationality take advantage the job opportunities of the United State because of the high salary rate and that's the reason why US economy go down and struggling to compete to the other competitive country.
What else can I help you with?
Globalization of the economy has hurt which category of the us population?
Economy
How does the retailing help the economy of the Philippines?
it help us in our business
Is outsourcing good or bad for the US?
yes
What results from the outsourcing of jobs from the US to other countries?
The outsourcing of jobs from the US to other countries often leads to cost savings for companies, as they can take advantage of lower labor costs and increased efficiency. However, this practice can also result in job losses and wage stagnation for American workers, contributing to economic inequality and social discontent. Additionally, outsourcing can lead to a shift in the domestic job market, with a greater emphasis on higher-skilled positions that are less likely to be outsourced. Overall, while outsourcing can benefit businesses, it poses significant challenges for the workforce and the economy.
How concerned should the US be with outsourcing?
The US needs to draft a law that will be fair for its working and business class. Outsourcing is a cheaper alternative and any CEO will be wise to grab the opportunity to cut cost and produce the same or better results. The US should be concerned instead in implementing programs that will help Americans compete in a global job market.
Globalization of the economy has hurt which category of the us population?
Economy
Is Offshore Outsourcing Good for the US?
Based on some of the articles I have read, Offshore Outsourcing has a negative effect on the US economy. I have read that it promotes a high rate of turnover that has left thousands of Americans jobless.
Do labor unions help or hurt the US economy?
Labor unions help the US economy. When labor unions negotiate labor contracts, workers safety issues are involved. Also, market driven wages insure that workers have good pay. This enables them to buy the goods they need. And, they as workers help the US economy by producing products.
Which country's economy was not destroyed of world war 2?
WW2 not only didn't hurt the US's economy, it actually pulled us out of the Great Depression.
Which result of globalization has led to wage cuts for workers in the US?
Outsourcing
How does the retailing help the economy of the Philippines?
it help us in our business
Is Offshore Outsourcing bad for the US?
No i not
Is outsourcing good or bad for the US?
yes
Will you help us when we're hurt?
No. i would tell you to call the police, but they're no help.
How does cars help us today?
They are provide mode of transport and help drive the economy.
What results from the outsourcing of jobs from the US to other countries?
The outsourcing of jobs from the US to other countries often leads to cost savings for companies, as they can take advantage of lower labor costs and increased efficiency. However, this practice can also result in job losses and wage stagnation for American workers, contributing to economic inequality and social discontent. Additionally, outsourcing can lead to a shift in the domestic job market, with a greater emphasis on higher-skilled positions that are less likely to be outsourced. Overall, while outsourcing can benefit businesses, it poses significant challenges for the workforce and the economy.
What will happen if the us stopped outsourcing?
pretty much, outsourcing is the best thing. if we didn't outsource, a pack of pop rocks would cost much more than 1.09 with tax. (its a product of Spain) some outsourcing is illegal, but that's the other country's responsibility. in my opinion, if the US were to stop all outsourcing, we would sink even deeper into the blackhole of the current economy... so... it would be very bad. you welcome :D But in my opinion it is not so if us sttoped its outsourcing from India it is not going to effect India up to more extenty because its going to provide intechtual base for India itself. the intelligency of the Indian it people are going to be used for Indian companies.so that will be a developing stage for India
