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Q: What is the primary effect of outsourcing on a developed country?
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What is primary effect of outsourcing on a developed nation?

When companies outsource to developing nations, their communities benefit. They will eventually see their economy pick up because of the influx of money.


What are the negative impact of outsourcing?

Outsourcing can have an effect on how businesses define fair labor practices. We know that the driving factor of outsourcing is cost efficiency and this can lead to sweat shops and slave labor wages. Outsourcing can induce unethical business practices that are not acceptable in the country where these businesses were built.


What is the beneficial effect of outsourcing projects?

By outsourcing a job, you can get the same done at a much cheaper price,thereby reaping the benefit of cost reduction. In fact, in developed countries, where the overhead cost,wages are too high, outsourcing projects and get them done from third world countries like India, China have become a taboo inspite vehement protests from sons of the soil laborers/employees of those countries.


What is the primary effect of outsource on a developing nation?

unemployment


What is the effect of outsourcing on the labor market in the United states?

The supply of workers has increased!


How outsourcing can negatively and positively affect different countries?

Well, it can positively effect some countries by making products more readily available at a cheaper cost due to it not costing as much to get the product to the country. It can also create job opportunities in developing countries. It can negatively affect countries by removing job opportunities that might have been available there had the product been produced in that country instead of outsourcing to another country.


Which current trend tied to increase globalization has the effect of easier outsourcing?

improved communication


What is an effect of outsourcing jobs?

The creation of sweatshops


What is the difference between primary and side effect?

Primary is the main thing that happens. The side effect is what happens because of the Primary thing.


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.


Can outsourcing effect low prices?

Yes, in outsourcing you can save money because it is affordable and can also be cheap. Compared to the trainings, equipments, facilities that you are going to invest in just to do a certain function. Thus, increases your profit.


What describes the effect of outsourcing on the labor market in the United States?

Competition for jobs increases and wages go down.