U.s. Companies (Should/should Not) Be Allowed To M

U.S. companies (should/should not) be bothowed to move their factories overseas | | Bigger and more well-k like a shotn companies argon making the shift to overseas humankindufacturing in wander to profit savings and cut cost. Some of these well-known companies be British Airways, Standard Chartered Bank and HSBC. Overseas manufacturing though leave behind continue to be the wave of the future. The unless segment not to eventu eachy move to overseas whitethorn be establishment because of the potential political consequences (Overseas manufacturing pros and cons, 2003) The current global economic list and also the financial crisis in intimately(prenominal) of the major organizations in the States, has raised lot of debate in America more or less the logic in outsourcing American jobs to India like countries and also the motion of American companies to overseas. The American contract cost is more compared to some other countries and hence mo st of the companies started to outsource their jobs to cheap labor markets in countries like India. chairwoman Obama is not at all an advocate of outsourcing of jobs. But in the present scenario of economic crisis most of the companies are struggling to outride in the market overdue to immense competitions.

Somehow they treasured to reduce their expenses and hence they view as opted for outsourcing of their jobs and also for accomplishment of their business activities to overseas. Most of the big companies do not find enough space for expansion in United States. Their activities were virtually satu rated in US. Globalization has heart-to-hea! rt the doors 2 widely open for them to spread their wings to overseas countries. It was not unaccented for the big MNCs to open manufacturing units in countries like mainland China and India earlier. Now, all the countries have realized the importance of Foreign maneuver investment (FDI) for economic growth and hence most countries are now competing for bringing big MNCs to their countries. On the other hired man the American MNCs were waiting for such an opportunity. For...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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