American workers have become used to the fact that large organizations will occasionally downsize their workforce and some people will lose their jobs. But in recent years, workers in the United States have also had to deal with the fact that some jobs that are lost are actually being exported to other countries where workers expect and are paid much less than their American counterparts. Quite recently, however, this problem has spread to groups of workers that had not been affected previously by the exportation of jobs.

Specifically, many Americans are aware of the fact that a person who receives an MBA from a reasonable program can earn a great deal of money. In fact, a typical MBA with three years of experience will earn about $100,000 per year. But, of course, that is for someone who earns an MBA from a school in the United States and who works in the United States. In India, an MBA with three years of work experience earns an average of $12,000 a year. Although this may sound like a good reason to pursue an MBA in the United States, many American workers find that this salary differential turns into a a* serious disadvantage.

For a quite a few years, U.S.- and European-based companies have been exporting low-level manufacturing jobs to Latin America and Asia. Everything from designer polo shirts to cars are often manufactured for U.S. (or European) companies at some offshore location, and then shipped back to America for sale. But now, while U.S. companies are continuing to export low-paying, semiskilled jobs overseas, they are also beginning to export white-collar jobs overseas. In 2000, it was estimated that the United States exported white-collar jobs that generated $4 billion in payroll. By the year 2015, it is expected that the United States will export 3.3 million white-collar jobs and $136 billion in wages

Answer rating: 100% (QA)

The main objective of any business is to earn more profits by lowering its costs It is a known fact ... View the full answer