General Electric, who manufactures water heaters, among many other products, has recently moved production back to the

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 General Electric, who manufactures water heaters, among many other products, has recently moved production back to the United States from China. As global economic conditions have changed, companies like Apple, Walmart, and Caterpillar have also followed suit—seeing opportunities closer to home as good business sense. Research nearshoring (also called insourcing, reshoring, and nearsourcing) trends and identify examples of three companies, the advantages, and why they have made the decision to do so.

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Contemporary Business

ISBN: 9781119498414

18th Edition

Authors: Louis E. Boone, David L. Kurtz, Susan Berston

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