Question: Why does U . S . companies continue outsourcing efforts despite their negative impacts on U . S . workers? Capital flight, caused by outsourcing,
Why does US companies continue outsourcing efforts despite their negative impacts on US workers?
Capital flight, caused by outsourcing, helps local economies thrive, so Americans are willing to make the trade off.
Deindusrialization, also caused by outsourcing, is better for the environment, so Americans are in favor of it
Americans want lower prices for their consumable products, and the only way for companies to deliver those low prices is to outsource the work to cheaper laborers.
Companies find that the many US restrictions on manufacturing can seriously disrupt production, which leads to profit loss, which in turn results in outsourcing.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
