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Title: outsourcing

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Subject: Business
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Date: July 5, 1996
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Length: 5 / 1383
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Nothing could be farther from the truth, according to Satnam Gambhir, “In fact, it would be challenging to find a single Fortune 500 company that is not outsourcing any part of its daily business operations to offshore outsourcing firms.” In order to stay competitive in this new business practice, American businesses have to realize that American technology in IT and Telephony and fiber optics directly contributed to the outsourcing boom (Gambhir, Satnam 2004)...

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John A. Challenger writes, “While the practice of outsourcing is thought by many to be a destroyer of jobs, it is likely to create more jobs than it eliminates.” Challenger also states, “The Bureau of Labor Statistics has estimated that total employment is likely to increase from 144 million jobs in 2002 to 165 million in 2012, largely as a result of outsourcing...

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