outsourcing

Outsourcing:

            Outsourcing was my topic choice, and it was pretty interesting me and my group researched the reasons behind outsourcing and what companies participate in it. We gained a lot of knowledge about it through our research and the most valuable thing I learned was companies outsource to save money and eliminate health benefits, also there is an estimated 92 billion dollars in untaxed revenue in off shore accounts owned by these big companies. As we gathered all of our info we put together a google doc and posted it on our blog for the class to see and get info from if need be. The doc contained company names, the definition of our topic, the most popular outsourcing countries and companies etc.  I learned the jobs that get outsourced the most are call center and manufacturing jobs, which was interesting because a call center job was my last job. Outsourcing affects the economy but from a business aspect it the best thing to do, it saves money and time which it a companies main focus. Outsourcing seems simple but a lot of variables come into play with the whole process. The targeted customer, actual product etc. not only manufacturing jobs are outsourced believe it or not, but food is actually outsourced as well from bread to vegetables. Outsourcing opened my eyes to a lot of things. Before I thought the government was responsible for loss of jobs and things of that nature but outsourcing affects the economy just as much and I didn’t even realize it. it takes money from the state and somewhat shifts it to another country leaving no money to keep the economy stable.