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 long-familiar companies argon making the shift to overseas military personnelufacturing in point to profit savings and cut cost. Some of these well-k instantlyn companies ar British Airways, Standard Chartered Bank and HSBC. Overseas manufacturing though leave behind continue to be the wave of the future. The except segment not to eventu totallyy move to overseas whitethorn be establishment because of the potential political consequences (Overseas manufacturing pros and cons, 2003) The current spheric economic list and also the financial crisis in well-nigh(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 obligate cost is more compared to some other countries an d hence most of the companies started to outsource their jobs to cheap labor markets in countries like India. prexy 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 go on in the market overdue to immense competitions.

Somehow they valued to reduce their expenses and hence they view as opted for outsourcing of their jobs and also for sweat of their business activities to overseas. Most of the big companies do not relieve oneself enough space for expansion in United States. Their activities were most saturated in US. Globalization has heart-to-heart the doors 2 wide ! open for them to spread their wings to overseas countries. It was not painless 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: BestEssayCheap.com

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