Question

A. Discuss how globalization relates to the practice of outsourcing.

B. Explain your opinion on whether the benefits of outsourcing outweigh its costs.

C. Explain what businesses and governments can do regarding sourcing goods and services from foreign countries.

Answer 1

A) Technology is the fundamental element in the globalisation. New technologies like Robotics,Augmented reality,and 3D printing are now a days using as the fundamentals of globalisation. Outsourcing offers many strategic solution to eassing excess pressure on production system. Now many MNCs organising new models with help of Globalisation.Outsourcing contributing for the support of production and demand and supply of the goods and services. It setuo new establishment for both.

B) As we are clear that Outsourcing is a difficult process, not simle always.The organisations while they are integrating they can coordinate and collabarate with the system. Many security issues will be taken place. when collaborating with the third parties sharing the sensitive information can be some times a risky one .But however the Outsourcing can provide better source of innovations and competations .

C) Governments are imposing taxes on goods and sevices which are imported from other countries . It is to protect the domestic producers. The Governments should maintain the Balance of Trade . It should encourage the companies to sell their goods through local dealers and local seller