Topic > Outsourcing and the US Job Market - 1210

What are the best ways for companies to maximize profits? Companies in the United States have answered this question with a very simple answer: produce products abroad. This business tactic of using third-party labor services is known as international outsourcing (Brecher 996). Within the borders of the United States, there are some regulations and restrictions on many aspects of the manufacturing process (Stephanie par. 2). However, production is cheaper when done in countries where regulations are less stringent (Wood 25; Stephanie par 1). Despite the profits made from this technique, it may have some repercussions on the US economy and the environment of the nations that occupy those factories (Marquis 39; Ahmed 192; Zhang 776). This gives rise to a debate on whether more attention should be paid to Americans' demand to bring jobs back to the United States (Ahmed 192; Stephanie para1) or to the freedoms of businesses and their right to seek a profit (Salanţă 270). Both parties can agree that outsourcing can be desirable for a company in terms of profit potential. It allows you to make goods cheaper, manage them more easily and earn money faster (Salanţă 270). Both sides can also agree, however, that jobs in the United States are lost due to outsourcing (Ahmed 192), just as environmental damage is caused by companies taking advantage of lax environmental regulations ( Marquis 39). Digging deeper into this debate, one may find that both sides present very convincing arguments. In many cases, outsourcing has proven to be beneficial for businesses. It can help the management of a company by allowing executives to focus on the core structure of the company rather than on each specific element. Production, manufacturing or additional services...... middle of document ......014.< http://eds.a.ebscohost.com.gatekeeper2. lindenwood.edu/ehost/detail?sid=ca8f1347-1e04-4d9c-aed3-f1dc97593a6d%40 sessionmgr4002&vid=5&hid=4208&bdata=JnNpdGU9ZWhvc3QtbGl2ZQ%3d%3d#db=nfh&AN=J0E3172915 21204>.Wood, Joel. “The Effects of Environmental Regulation on the Competitiveness of the U.S. Manufacturing Sector.” Fraser Forum (2012): 25. Business Source completed. Network. March 6, 2014.< http://eds.a.ebscohost.com.gatekeeper2.lindenwood.edu/ehost/pdfviewer/pdfviewer?sid=232efdbd-1043-415b-af6f-5a75b828a29a%40sessionmgr4003&vid= 5&hid=4111>. Zhang, Ting. “International Outsourcing and Unemployment in a Living Wage Economy.” Review of International Economics 19.4 (2011): 776-786. Premier corporate source. Network. March 11, 2014.< http://eds.a.ebscohost.com.gatekeeper2.lindenwood.edu/ehost/pdfviewer/pdfviewer?sid=b295036e-d1cf-4835-97be-785c1702a15c% 40sessionmgr4001&vid=3&hid=4208>.