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Outsourcing Jobs To Foreign Countries

Submitted by kah1976 on May 8, 2006

Category: Miscellaneous
Words: 1452 | Pages: 6
Views: 894
Popularity Rank: 7,864
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Outsourcing Jobs to Foreign Countries
What does it mean to be a true American? True American citizens have pride in their family, pride in their lifestyle, and most importantly, pride in their economy. It goes without saying that this pride causes Americans to feel the need to buy American-made products. Why give United States dollars to another country when American-made products are the best and will stand the test of time? After the September 11th terrorist attacks it is argumentatively illogical that America would help other countries grow when our own country is still in need of every penny it can possibly earn. At first glance it seems the best option for America is to give jobs to Americans. But how can we have a competitive American economy if we cannot even afford to make the products? The latest trend among American corporations is to send some of their production to other countries in order to save money. In the long run, outsourcing jobs to foreign countries is not only beneficial to large corporations, but to every single American citizen as well. It benefits the economy as a whole, affects the cost/price relationship of products, and allows companies to focus on core competencies such as marketing, advertising, financing and engineering.
Outsourcing, also known as Offshoring, is the newest trend that Corporate America is using to cut its costs and generate greater revenue. Since day one, the main motivational factor for every American business is to generate profits. According to Capstone Consulting Partners (2005) (CCP), corporations can expect to cut their operational costs in half when compared to keeping production within the United States. This savings is huge when considering that operational costs are often millions and millions of dollars for the countries largest corporations. This savings will ultimately increase revenue and allow companies to expand into uncharted territory and grow as an American Corporation. This...

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