answersLogoWhite

0

Offshoring presents a pubic relations risk if it eliminates jobs in a company's home country.

User Avatar

Wiki User

11y ago

What else can I help you with?

Continue Learning about Finance

What are a few benefits of having an offshore bank account?

An offshore bank account ensures financial privacy and security. If you own a business that does international work such as trading, then this is a wonderful tool. Another main advantage, is that no matter how many times you move, you get to stay with the same bank and not worry about having to switch to another local branch.


What is Offshore outsourcing?

There are two words all meaning outside ones is geographic the other is resource or application. Together the have a business and economic significance both positive and negative. -Offshore means outside ones shores, geographic nation boundary. -Outsourcing means obtaining resources from outside ones own site or premises of operations. Offshore Outsourcing in business means relocation of business either: operations, services and downsizing. Many business practice this per two means streamlining expenses or just the nature of the business. Streamlining and cost reduction has both positive and negative consequences a business may decide to eliminate workers on site for workers abroad due to lower labor costs a benefit to the business and a negative loss of jobs. Some businesses will move entire operations abroad to other nations as the business costs are cheaper such as taxes and export/import expenses. Outsourcing as the very nature a business is just that for a business operational it requires its work not done in a set physical location. Such as a tow truck operator or paramedic conducts business in various locations to assist people where they are located. A business serves many locations may place operations in various locations to serve its clients or at a business clients location for example a traveling circus travels or pop singer performs concerts around the world for it's fans --- Some times the businesses main resource produced for industry or business is geographically located various locations is unstable and requires refinement near it's source location for transportation. Such as coal or oil company has source locations it mines, drills and process for transportation. Oil not only drilled the most volatile gasses are burned off to deem safe for shipping and coal upon mining the dust residue is removed to eliminate combustion easy spark material for shipping.


How much money did Richard branson start with?

He started with literally nothing, though he did expand his wealth drastically by expanding from business to business allowing him to move into larger business markets such as airlines.


Why do prices move towards equilibrium in a free market?

Because if a business is profitable, competitors will spring up, thus clustering prices towards the equilibrium. Conversely, if it is not profitable, then prices will move toward the point at which it is, or the business will exit the market.


Is it possible for you to move out before your lease is up?

Yes, it is possible to move out before your lease is up, but you may be subject to penalties or fees depending on the terms of your lease agreement. It is important to review your lease carefully and communicate with your landlord before making any decisions to move out early.

Related Questions

What are a few benefits of having an offshore bank account?

An offshore bank account ensures financial privacy and security. If you own a business that does international work such as trading, then this is a wonderful tool. Another main advantage, is that no matter how many times you move, you get to stay with the same bank and not worry about having to switch to another local branch.


Is it possible for you to move rain clouds?

No it is not possible.


What might southern goveror do if he or she wants business to move?

A southern governor might offer a company a tax break if you want business to move.


What was the ultimate goal of perestroika?

To move the USSR toward a market economy To move control of business away from the central government.


Did people move west for business?

Yes


How can one stay productive in their business when dealing with an office move?

One can stay productive in their business during an office move by staying involved with the happenings of the office. Also making sure everything is properly labeled helps with both the move and after the move. The moving men should do most of the move. Having the move happen during the business's closed hours also helps greatly.


What mayor aspect of ga climate influences business and industry to move into the state?

what major aspect of Georgia's' climate influences business and industry to move into the state


What does Odysseus say to persuade Agamemnon not to move ships offshore?

odyseuss says "this is nonsense,you had better be still,or the men may get wind of this idea,and then all will really be lost"


Can you move faster than electricity?

No, electricity moves at the speed of light, which is the fastest speed possible in the universe. Therefore, it is not possible for anything to move faster than electricity.


Which of the following is a reason a business may choose to move its business overseas?

lower healthcare costs


Is it possible to do a beyblade's special move?

yes it is


Can braces really align previously unaligned teeth?

Yes, but there are drawbacks. Your roots will get a little shorter and you must wear a retainer for a while as they will want to move back for a long time after.