2006-11-06 16:55:30 · 5 answers · asked by Nathaniel C 1 in Business & Finance ➔ Other - Business & Finance
It is a 90's corporate buzzword . Products that are otherwise made within the premises of a manufacturing or service corporation will now be "farmed out" to save money.
2006-11-06 17:21:06 · answer #1 · answered by QuiteNewHere 7 · 0⤊ 0⤋
I know way more than I want to know about it. My ex-hubby worked for Motorola, the king of outsourcing. He was forced out of his job after an illness caused by stress from their outsourcing policies when he couldn't drive the two hours to get to work. He could have done it from home with no problem, but they forced him to resign and cash in his 401K so we could live and replaced him with a revolving group of trainees from India.
Motorola built a huge plant in Illinois that would eventually employ a medium sized city full of people. Before it was even finished they abandoned it and built an identical plant in India.
Manufacturing for some of the most sensitive computer chips available, used in our airplanes, weapon systems, you name it are now made in China. You know, the same country that flouts our copyright and patent laws to copy everything from VCR's to Chevrolet's.
Since 2000 Motorola alone has laid off hundreds of thousands of engineers who can't find work and when they do it's temporary and under short term contract with no benefits and a fraction of the pay they received before outsourcing started. Our best talent is being wasted so that companies like them can make bigger profits and more people live below poverty level.
2006-11-07 01:14:52 · answer #2 · answered by Joanne B 3 · 0⤊ 0⤋
If you share the responsibilities by giving contract to some one ,it is an outsourcing.
You can outsource any service if you are confident about it's quality & cost issues.It will give you comfort for direct managing & you can put your spare time for other activity.I am in this field, u can talk to me on 919818550921 for any necessary help
2006-11-07 01:06:15 · answer #3 · answered by sk 3 · 0⤊ 0⤋
What do you want to know about it? I've worked in a center wherein work was outsourced from the US. There are different aspects about this so you'll have to give parameters to your question.
2006-11-07 01:28:47 · answer #4 · answered by Trillian 6 · 0⤊ 0⤋
Question is too vague...
Outsourcing labor? product? production? resources? - too many variables here to adquately answer. Please edit your question so you you will get your answer..
2006-11-07 01:04:09 · answer #5 · answered by Hawke Ranger 2 · 0⤊ 0⤋