While simple on the surface, the decision to outsource is a major strategic undertaking. Besides weighing cost reduction against the consequences of reduced control, companies must also consider various economic effects, political consequences, and even cultural limitations. Discover the economic and political implications of outsourcing and offshoring, and learn techniques for managing successful deals.
Governments: job creation, higher job quality, improved trade balance, goodwill between nations, incremental tax revenues Trade and globalization are reshaping our world for the better, which is why many economists view outsourcing and offshoring as good for business and the global economy. An article in The Wall Street Journal cited a professor at George Mason University as stating, Anxiety about outsourcing reflects a more general concern about the pace of change. And few recent phenomena have changed