PROC 5820 Research PaperII

PROC 5820 Research - Should America Outsource Jobs Should America Outsource Jobs and Business Functions Donald R Jordan Sr Webster University PROC

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Should America Outsource Jobs 1 Should America Outsource Jobs and Business Functions? Donald R. Jordan Sr. Webster University PROC 5820 Operations Management Professor Ronnie Brannon October 6, 2011
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Should America Outsource Jobs 1 Should America Outsource Jobs and Business Functions? An employee of a company who performed certain duties that could be performed by another employee is an example of outsourcing. Today outsourcing has become the premiere means for meeting companies’ software, information technology, and web content needs. This has in turn led to many questions regarding the pros and cons of outsourcing, specifically, outsourcing to India. Many firms hire or procure services from an outside manufacturer or supplier, this form of outsourcing has many benefits; however, there are many risks involved as well. Nevertheless, some people feel that the risks greatly outweigh the benefits. Many of the risks associated with outsourcing are becoming a toxic issue here in the United States. It has gotten to point where even the President of the United States has taken notice against it. The presumption is that outsourcing is hurting the America’s work force by shipping jobs to less developed countries where wages are lower and labor laws are more lax. As illustrated in an article in Business Week, “with the economic slump, some were hopeful that the outsourcing industry would simply go bust on its own. Before attempting to discuss the affects outsourcing have on America, I will first like to provide a brief history of outsourcing, some debates associated with outsourcing, major political issues, and recent news concerning outsourcing, as well some numbers behind the trend. In addition, I will briefly discuss the pros and cons surrounding outsourcing. What Is America’s History as It Relates to Outsourcing? The history of outsourcing in America can be dated back as the 1800s. It is cited that outsourcing reached back as far as the manufacture of clipper ship sails conducted in
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Should America Outsource Jobs 1 Scotland. This signifies that even long ago outsourcing was a concept resorted to, out of a demand for expertise. The history of outsourcing America as we know it today started in 1980, during this time the United States was suffering through a period of stagflation. The term stagflation occurs when the economy is suffering from slow economic growth and at the same experiencing high inflation and high unemployment. Foreigners took full advantage of the situation by buying up extremely safe and high yield U.S. government bonds; which created a sizeable problem for American industries. As you can see, America industries were now place at disadvantage in regard to foreign companies, because they could now hold their prices steady and be guaranteed a cost advantage (economyincrisis.org). The once strong auto industrial states such as Michigan and Pennsylvania were
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This note was uploaded on 12/19/2011 for the course PROC 5820 taught by Professor James during the Spring '11 term at Webster University Geneva.

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PROC 5820 Research - Should America Outsource Jobs Should America Outsource Jobs and Business Functions Donald R Jordan Sr Webster University PROC

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