Outsourcing by MNCs has been crucial to industrial development of economies and maintaining profitability of MNCs. Is this a win-win situation for all parties?
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Words: 634
Pages: 2
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Pages: 2
(approximately 235 words/page)
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Question: Increasingly, outsourcing of industrial operations by multi-national companies has been crucial to the industrial development of developing economies and maintaining the profitability of multi-national companies. To what extent do you see this as a win-win situation for all parties concerned in industrial outsourcing?
I agree that this is a win-win situation for all parties concerned in industrial outsourcing to a large extent.
When the multi-national companies build their factories in other developing countries like …
showed first 75 words of 634 total
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showed first 75 words of 634 total
showed last 75 words of 634 total
…very hard for the locals to set up any businesses that will need to compete against the multi-national companies. It somewhat forces the locals to work for the multi-national companies as that is the only way for them to earn money. All in all, when the all the advantages and disadvantages are compared, I find that it is an overall win-win situation for all parties concerned in industrial outsourcing, both the home and host countries.
…very hard for the locals to set up any businesses that will need to compete against the multi-national companies. It somewhat forces the locals to work for the multi-national companies as that is the only way for them to earn money. All in all, when the all the advantages and disadvantages are compared, I find that it is an overall win-win situation for all parties concerned in industrial outsourcing, both the home and host countries.
