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Running Head: Offshore 1 Offshore Name Institution Date
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Offshore 2 Discuss the developments of the Silicon Border and the merits of nearshoring as compared to offshore and outsourcing. The development of the silicon Border was proposed by technology executives. The main aim of this development was to create high-quality products for the Mexican and the United States markets (MfginMexico, 2011). The Silicon Border has been suited for several developments in technology clusters. Some of the most significant developments include the advancements of solar and wind farms for utility-scale energy production and component/equipment manufacturing. The benefits of nearshoring as compared to outsourcing and offshoring include less proximity that leads to less expensive travel, a greater degree of control and also timely decision making especially at times of critical situations. The two practices have changed over the years with an aim to improve outcomes and mitigate risks of projects that are outsourced and offshored. However, both offshoring and outsourcing help
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