Question by Nikhil R: outsourcing?
what would the criticism that outsourcing receives?
Ideal answer:
Answer by Barry W
You want to concentrate a tiny much more on the Kind of outsourcing. It just indicates moving a function out of a business to another organization, contracting for services. When it really is sending the work to India or China, it is also known as Off-shoring. If sending it to Mexico or Canada its named Close to-shoring.
What is the criticism? It can destroy corporate “culture” by moving it from a single business to an additional that if you “sell” the personnel to the new company it is costing them benefits and job security that it fragments communications and separates managers from a true knowledge of how their company performs. If you contain off-shoring: that it fees jobs in the US economy, creates an imbalance of trade (dollars going abroad), disrupts the improvement of managers (they do not know how the operate gets carried out), and puts men and women out of operate.
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