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If there's one position that both presidential candidates can agree on, and it may be the only one, it's that outsourcing jobs overseas, or "offshoring," is absolutely terrible for American workers.
The term outsourcing, which came from the phrase outside resourcing, originated no later than 1981 at a time when industrial jobs in the United States were being moved overseas, contributing to the economic and cultural collapse of small, industrial towns. [4] [5] [6] In some contexts, the term smartsourcing is also used. [7]
Trends in temporary work (US): Source: D. H. Author, Outsourcing at Will: The Contribution of Dismissal Doctrine to the Growth of Employment Outsourcing The staffing industry in the United States began after World War II with small agencies in urban areas employing housewives for part-time work as office workers.
Through online outsourcing a company can relieve itself of secondary tasks and concentrate on core issues, thus improving its efficiency. Or as Peter Drucker expressed it, "Do what you can do best and Outsource the rest." [5] According to Deloitte’s research, the primary reason to outsource jobs is to save costs. The second reason is to focus ...
The opposing sides regarding offshoring, outsourcing, and offshore outsourcing are those seeking government intervention and Protectionism versus the side advocating Free Trade. [41] Jobs formerly held by U.S. workers have been lost, even as underdeveloped countries such as Brazil and Turkey flourish. [42]
On-demand outsourcing is a trend in outsourcing wherein major internal operations processes of a company are being shifted to a provider that is paid for by the number of transactions involved. The business transferring the services pays for the quality, special skills and the competence of the service provider's employees.
Job production can be classical craft production by small firms (making railings for a specific house, building/repairing a computer for a specific customer, making flower arrangements for a specific wedding etc.), but large firms use job production, too, and the products of job production are often interchangeable, such as machined parts made ...
No-penalty CDs and savings accounts are low-risk investments that offer a safe way to grow your money while earning interest. Here's how to match your cash to the best savings strategy for you.
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