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Essay / Research Paper Abstract
This is a 10 page paper that provides an overview of outsourcing. Arguments are made against outsourcing on the basis of diminished wages, lower quality and reliability, and diminished corporate reputation. Bibliography lists 10 sources.
Page Count:
10 pages (~225 words per page)
File: KW60_KFbiz044.doc
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Unformatted sample text from the term paper:
American economy has been plunged into a major recession accompanied by increasing prices, reduced wages, and millions of lost jobs. The political reaction to this economic crisis has been largely
responsible for the divisions that now sunder Washington. Conservatives tend to hold that only total deregulation of the private marketplace will promote economic re-growth and that tax increases for corporations
and the wealthiest Americans are only penalizing "job creators". Liberals, on the other hand, call for increased government funding of areas such as education and alternative energy as a way
to create more jobs and drive market innovation in the long term. Unfortunately, the two groups are failing to reach compromise; just recently, the country narrowly avoided a crisis wherein
stubbornness from both parties would have caused the country to default on its national debts for the first time in history, if not for last minute interventions (that were mostly
unilateral in character anyway). In short, Americans now demand economic recovery, and most of all, they want jobs. However, in addition to the ongoing economic crisis and market troubles, corporations
themselves are adding to the misery of the jobless by increasingly shipping jobs overseas as a cost-cutting measure known as "outsourcing". The situation has become so dire that there
are virtually no manufacturing jobs remaining in the United States. The majority of companies that manufacture simple goods have moved the manufacturing end of operations overseas to countries such as
China, Thailand, and Pakistan, where labor can be hired at rates significantly lower than those demanded by Americans. Domestically, however, this further exacerbates the job crisis such that American factories
are increasingly closing their doors and moving operations overseas. While foreign nations are ostensibly profiting from American companys investments, Americans themselves are increasingly at a loss and unable to find
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