Outsourcing and the Global Environment Essay - 773 Words

Outsourcing and the Global Environment Abstract The following paper will detail the impact on businesses concerning outsourcing and the global environment. This paper will outline the needs of the modern business to embrace the concept of outsourcing and the need to educate employees on the diversity of global business practices. Outsourcing The need of the modern business to look outside of the doors of the company to improve profit margins has become a necessity in today’s market. The advent of technology and crossing of borders have expanded this search for efficiencies to other countries. There have been great strides made in the global market to outsource various segments of businesses. One of the biggest gainers in†¦show more content†¦The last, often unaddressed issue, of outsourcing and displaced American employees is that of the overpriced employee. The public has become complacent in the fact that no one else will compete for jobs. Unions have overpriced their employees driving the company to look elsewhere for suitable replacements. This attitude of inherent job protection from outside sources has actually drove companies to outsource. The savings associated from outsourcing by the companies are significant. This savings will reduce as more companies send jobs overseas. The countries will become savvier at negotiating an equitable wage for their employees and the cost will go up. At this current time companies are able to capitalize on the countries being willing to perform work for very little pay to get the business but this will not always be the case. Global Awareness. Companies must educate not only there employees but the public when it comes to the subject of outsourcing. There are a variety of subject that the employees of a company should be aware of when business is being conducted abroad. Customs and culture are one of the biggest items that must be addressed in conducting business. What was considered taboo in the United States may be an accepted and often expected practice in some other countries. For instance in some countries it is expected to bribe officials and acceptable form of business. This would never be tolerated in the United States but is anShow MoreRelatedAdvantages and Disadvantages of Outsourcing1460 Words   |  6 Pagesfacing any organization in the 21st century is the ability to effectively manage and motivate personnel to establish ways that technology can improve but not emasculate the worker, and to provide a positive, optimistic, and forward thinking work environment. In combination with this management challenge is the very nature of globalism the ability to extend markets to other countries using the appropriate model that will ensure a win-win situation with the host country and corporate liaison (Going BeyondRead MoreGlobal Stratification721 Words   |  3 Pagesï » ¿Global stratification generally has a negative reputation. 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