Outsourcing And The Third World Essay - 2257 Words

Hope, Keala, Austin2 Outsourcing in the Third World The problem of outsourcing is not new, but is still a keen business problem for today’s economy. Both manufacturing and services are able to be sent overseas. Our company is deciding whether or not to outsource, and if so what and how much we should outsource. Summary of the Situation Outsourcing has been around in some shape or form for many years. The outsourcing today is a fairly recent development however. It has developed off the economic relationship between developed and developing countries. This started around the 1970’s with companies like Dell and Cisco (Leavy 47). Once other companies saw the potential profits to be made from outsourcing, they too began to outsource basic manufacturing overseas (Leavy 47). This began an outsourcing revolution that resulted in today’s current economic situation. Developed countries are labeled as the â€Å"Donor Countries† and send certain parts of their manufacturing overseas (Smith 3). Outsourcing has been defined by the Merriam-Webster Dictionary as â€Å"To send away (some of a company s work) to be done by people outside the company.† In a modern economic sense however, people use outsourcing to mean to send work outside of the original country,usually in order to save money, although it has also been done for political reasons among a multitude of other reasons. Most companies outsource low-level manufacturing. When people think of modern day outsourcing, two main examplesShow MoreRelatedGlobalization and Outsourcing Can be Beneficial Essay1167 Words   |  5 Pagescitizens have been complaining about how outsourcing has ruined their lives and that it is only going to harm America and its economy. Unfortunately, jobs are going to be lost and the unemployment rate may rise due to globalization. However, the benefits of globalization are infinite. People in other parts of the world will achieve a greater life than they ever thought possible due to the factories built in their countries. Due to the poverty in third world countries, these factories will provideRead MoreOutsourcing Jobs to Foreign Countries1167 Words   |  5 PagesOutsourcing jobs to foreign countries has long seen to be a hindrance to American people when in actuality it can help the economy grow. Outsourcing is a sore subject for the majority of Americans today. Seeing jobs going overseas can be hard pressed to be seen as a good thing, even harder to believe it can help the economy. Looking at the way outsourcing can help everyone puts things in perspective on a global level. Imagine third world countries poverty stricken and hungry! Outsourcing inRead MoreThroughout the world millions of laborers and children in Third World Countries work in sweatshops.600 Words   |  3 PagesThroughout the world millions of laborers and children in Third World Countries work in sweatshops. In these facilities workers are abused, underpaid, and cramped into unsanitary working conditions full of disease and death. Nonetheless, workers cannot abandon the sweatshops they work in, because they fear their families would starve. If fired they could easily be replaced by another readily worker; that is why workers dont oppose their employers injustices, because they fear becoming unemployedRead MoreCompetition And Sustainability For Reducing Production Costs1467 Words   |  6 PagesCompetition and sustainability in the third-party IT contracting industry in the United States are driven by economic factors such as outsourcing, globalization, mergers, and acquisitions (Rose- Anderssen, Baldwin, Ridgway, 2011). In turn, these factors shape and transform third-party IT contracting companies (Jancikova Brychta, 2009). IT outsourcing (ITO) is a business solution for reducing production costs (Desar McGee, 2010). This approach is used frequently in the operation of call centersRead MoreTaking a Look at Samasource1125 Words   |  4 PagesINTRODUCTION Many business models rely on outsourcing. This occurs when companies contract out some of their business to a third party. In its most common form, outsourcing is a cost effecting business venture. Companies find it more advantageous to purchase a service from a third party rather than try to provide it internally. It can often save money, time, and result in a more efficient product. The focus here is on information technology outsourcing. This is a bit more specific in that itRead MoreAdvantages Of Outsourcing And Outsourcing1428 Words   |  6 PagesMumbai. The invention of the internet has allowed business to communicate across the world within seconds thus creating a global economy that depends on one another. Globalization is defined as  the process of international integration arising from the interchange of world views, products, ideas and other aspects of culture. A global economy allows companies to source their product or service from around the world. This enables business by giving them more options and resources to grow their businessRead MoreA Short Period Of Declining Demand1062 Words   |  5 Pagesrecession and a short period of declining demand, the outlook for outsourcing and off-shoring showed an increasing trend for the foreseeable future. As companies realign their strategies to better compete in the world stage, the projections indicate that this practice will grow over different dimensions including function, services and geographic locations (Deloitte, 2014). The main benefit for the companies that use outsourcing and off- shoring is the positive impact it has on their bottom lineRead MoreOutsourcing Of Aviation Maintenance Practices And The Effects Of Globalization1352 Words   |  6 Pages Outsourcing of Aviation Maintenance Practices and the Effects of Globalization Matthew Wilkerson Embry-Riddle Aeronautical University Worldwide May 16, 2016 â€Æ' Abstract Within the aviation industry outsourced maintenance practices have become increasingly more prevalent to maintain current assets. There is generally three processes currently being utilized by the airline industry: outsourcing specific maintenance needs, in-house operations, and lastly, a hybrid approach, which entails a combinationRead MoreAnalysis of Three Videos on Outsourcing967 Words   |  4 PagesCritical Thinking Assignment: Overseas Outsourcing Introduction One of the most polarizing business practices of the last two decades continues to be the decision on the part of businesses to outsource production of their products to third world nations, The are a myriad of benefits and risks to outsourcing, often as diverse as the companies that choose this strategy as a means to compete globally (Beasley, Bradford, Pagach, 2004). The three videos analyzed in the paper have successfully definedRead MoreAdvantages and Disadvantages of Being a First Mover975 Words   |  4 Pages First, first movers are considerably less profitable in the long run as compared to the other entrants in the industry. Secondly, first movers experience high research and development expenses since they spend more money on exploratory research. Third, first movers have challenges associated with undeveloped supply and distribution channels that proves to be a major disadvantage. The other disadvantages include undeveloped enabling technologies and complements and uncert ainty of the requirements

How Recent Economic Trends Influence Business Essay

How recent economic trends are influencing the business A firm and its management are affected by many factors present in its environment and this because a business can not operate in vacuum. The factors existing in a business’ environment are beyond control by a firm and the factors affects how a business operates and performs in the market (Li, 2008). Other macro environmental factors besides economic that affect business performance include political factors, social, demographic or ecological, and technology. The economy is an important factor affecting businesses since it determines level of profitability a business can receive from operations. In recent period the economy can has been characterized by recession and increasing†¦show more content†¦Rogers (2008) provides that Apple experiences reduced demand for PCs and the company has had to lower its prices in a bid to maintain high demand for its products and maintain sales revenue for the business. When there was an economic trend characterized by strengthening of the United States dollar, the company had to increase prices of products sold in foreign countries and this influenced demand for Apple products. Other economic trends that influence Apple include increase in fuel and energy costs and this influences the company in terms of demand for products and also cost of operating. A consumer has higher infinity or need to purchase fuel thus increase in fuel prices means consumers have less money to dedicate to other products translating to reduced demand for company products. The company also incurs increased expenses due to increased fuel costs thus the company experiences increased cost in producing and distributing its products. Increased expenses mean the company has reduced profit margin. Other economic factors that affect consumer spending behavior and could affect demand include labor costs, healthcare costs, mortgage market and access to credit. Recent economic conditions have resulted in reduced money to consumers thus reducing spending and thus the company experiences reduced demand for its products. RecentShow MoreRelatedFinance Is Based On Economics841 Words   |  4 PagesFinance is based on economics. Therefore, to properly understand financial markets and their behavior, you must first understand economics. Economics is the concern of production, distribution, trade and consumption of goods and services. It is the science that arises out of the relationship between limited resources and unlimited wants and needs by humans. Macroeconomics started with John Maynard Keynes, an English economist, who published a book entitled General Theory of Employment, InterestRead MoreThe Marketing Strategies And Framework Implemented By Tesco Plc1490 Words   |  6 Pagespolitical factors which have an impact on how the business functions, such as tax rates, legislation and economic stability Tesco needs to be able to monitor these factors in 12 countries across the world. (BBC, 2013) Also, multinational companies such as Tesco are often encouraged to create jobs for the domestic populati on in areas where there is financial instability, which in turn, increases demand for Tesco products and services. 2.2 Economic Factors Economic Factors are the usually the most concerningRead MoreMacro Environment1114 Words   |  5 Pagesof their business but also during the growth stage of ventures. The environment means the situation where the company business ventures operate. As we know, ventures environment can be divided into two sections that are External environment and Internal environment. And the external environment also divided into two parts, which are Macro environment and Micro environment. But in this section, I just discuss about Macro environment. The elements of macro environment can affect business decision-makingRead MoreThe World s International Business Environment And Affects Everyone On The Global Economy Essay1033 Words   |  5 PagesThe trend I have chosen is the Internet, anywhere, anytime. I believe it is very relevant in today’s international business environment and affects everyone in the global economy in some-way. In 1957 when the then Soviet Union launched Sputnik, the first man-made satellite. The Cold War was at its peak, and the United States and the Soviet Union considered each other enemies. President Dwight D. Eisenhower created the Advanced Research Projects Agency (ARPA) in 1958 as a direct response to SputnikRead MoreEnvironmental Factors Impact Retail Industry933 Words   |  4 Pagesmacro-environment factor, after the global financial crisis, interest of the relationship between the environment and the economy has been significantly increased in recent year (Tienhaara, 2014). For example, as the holiday season comes close, all retailers are working hard to make sure their customers can get what they need and want. Consequently, the trend of trade must goes up constantly. However, countless goods may stack at the ports as a result of high cargo volume; retailers cannot deliver the productRead MoreEssay about The External Environment and Its Effect on Business 1485 Words   |  6 Pagesexternal environment for a business is equally as important to its success (or otherwise) as it’s internal environment. This is because external factors will directly impact on the business. These factors are complex and wide ranging so many businesses analyse them in a similar way to a SWOT analysis. A common tool that is used to analyse and document the external environment is the PESTLE analysis. (There are other similar models) PESTLE involves identifying the political, economic, social, technologicalRead MorePolitical Environment Of New Zealand Essay1544 Words   |  7 Pages 1. PESTLE Analysis A PESTLE (Political, Economic, Social, Technology, Legal, and Environmental) analysis explores the external factors which may influence any organization. Political When our company comes in declining stage at that time the political view affect a lot like, Political view has a huge control upon the regulation of businesses .It includes government regulations and legal issues under which businesses should operate. According to the findings, political environment of New ZealandRead MoreIdentifying Long Term Trends 860 Words   |  3 Pages(NKE) and how important it is for the financial managers to use economic variables in order to identify their long term financial goals. I will also go over a few techniques that the financial managers of Nike Inc. could use for economic forecasting in the global economy. Financial managers must be able to understand as many economic aspects affecting the market in any part of the world that would influence their company. Economic Variables are any data accounted for in an economic model. AnRead MorePolitical Power And Public Policy1401 Words   |  6 Pages There are many factors that create and compose the American political system. Economic inequality plays a huge part in composing this system. The argument that has been proposed is that inequality structures political power and public policy. Having money always gets your far in this country, especially when it comes to politics. Money can not only advance you, but it can corrupt you. When you come from wealth it makes entering the political arena easier. That is what I will be arguing throughoutRead MoreEconomic Analysis795 Words   |  4 PagesU.S. Economy is on the rise. The first two factors have a hand in how well the economy is doing. With a new president in office, there have been some recent changes to policies and government regulations. Currently, a new tax reform is being proposed for the 2017 tax year, which looks to cut 1.5 trillion dollars towards business and individuals (Rappeport Kaplan, 2017). The tax break for individuals and businesses will influence the U.S. e conomy in one form or another. In the following pages the

Greenhouse Effect Free Essays

Greenhouse Effect is a term for the role the atmosphere plays in helping warm the earth’s surface. The atmosphere is largely transparent to incoming short-wave ( or ultrviolet) soalr radiation, which is absorbed by earth’s surface. The earth receives energy from the sun, which warms the earth’s surface. We will write a custom essay sample on Greenhouse Effect or any similar topic only for you Order Now As this energy passes through the atmosphere, a certain percentage gets scattered. Some part of this energy is reflected back into the atmosphere from the land and ocean surface. The rest (70%) actually remains behind to heat the earth. n order to establisha balance, therefore, the earth must radiate some energy back into the atmosphere. As the earth is much cooler than the sun, it does not emit energy as visisble llight. It emitsthrought is frared or thermal radiation. However, certain gases in the atmosphere. Without this blanket effect, the earth would be around 30oC colder than it normally is. These gases like carbon dioxide, methane and nitrous oxide along with water vapour, comprise less than one per cent of the atmosphere. They are called ‘greenhouse gases† as the working principle is same as that which occurs in a greenhouse. Just as the galss of the greenhouse prevent the radiation of excess energy, this ‘gas blanket’ absorbs some of the energy emitted by the earth and keeps temperaature level intact. This effect was first recognized by a France scientist, Jean-Baptiste Fourier, who pionted out the similarly in what happen in the atmosphere and in a green house. Hence he terms the greenhouse effect. This gas blanket has been in place ever since the creation of the earth. Since the industrial revolution human activities have been releasing more and more of these greenhouse gases into atmosphere. This leads to the blanket becaming thicker and upsets gses are called ‘sources’ and those that remove them are known as ‘sink’. A balance between ‘source’ and ‘sink’ maintains the level of these greenhouse gases. Humankind upsets this balance when new source that interfere with the natural gas. When we destroy forest, the carbon stored in the treeescapes as carbon dioxide into the atmosphere. Increasing agricultural activities, changes in land use patterns, and other sources lead to rising level of methane and nitrous oxide. Industrial processes also release artificial and new greenhouse gases like CFCs (chlorofluorocarbons), while automobile exhaust fumes lead to ozone generation. The resulting enchaned greenhouse effect is more commonly referred to as global warming or climate change. Global warming is a result of the increase of thickness of the greenhouse gas layer that is release into the atmosphere through human activity like burning fossil fuel. Increase greenhouse gas concerntration may be resulting in more heat being trap in the atmosphere and increasing global temperature emitted by the cars we drive, the furnaces we use to heat our homes and the industries that produce oil and gas, create electricity and develop products for the world’s marketplace. These greeghouse are completely human caused. They harm stratospheric ozone and so are not as directly responsible for global warming as carbon dioxideis. The question of reducing their presence in the stratosphere is being taken care of in another global convention, the Montreal Protocol. These gases are particularly effective in absorbing long wave radiation from the earth’s surface and preventing heat from escaping. Alhtough the views and opinions of people across the world vary on issues relating to the cause of global warming and its possible impacts, there is a common understanding that is is a cause for major global concern and must be adressed immediately. How to cite Greenhouse Effect, Papers Greenhouse Effect Free Essays Running head: GREEN HOUSE EFFECT Gwinnett College Mr. Seder Research Paper 3/27/13 Air pollution and greenhouse gases are the reason for the planet as it is today; the reason why we see campaigns flooding the media informing us to ‘switch off’, ‘save the planet’ and ‘turn down the heat’ and the reason why the government is trying to develop a successful scheme, such as the carbon tax scheme, to reduce air pollution caused by major industries. Air pollution and greenhouse gases are the two immediate causes of global warming and climate change. We will write a custom essay sample on Greenhouse Effect or any similar topic only for you Order Now Air pollution occurs when chemicals or particulate matter enter the atmosphere. They can cause damage to living organisms on the planet, as well as destruction to the natural and synthetic environment (Energy Environment. net 2008). Greenhouse gases are gases in the atmosphere that absorb infrared radiation emitted from the earth. They trap infrared radiation in the form of heat, and hence contribute to global warming. Anthropogenic greenhouse gases are a direct result of air pollution. They are the physical gases emitted that cause air pollution. Naturally occurring greenhouse gases also have an influence on the earth’s atmosphere, though it is not as conspicuous as anthropogenic causes. Together, air pollution and greenhouse gases are intensifying climate change and global warming on a world-wide basis. Until 10 years ago, air pollution was thought to be just an urban or local problem until it was discovered that the pollutants could move across continents and oceans. Air pollution is the fundamental factor that causes greenhouse gases, hence climate change and global warming. Air pollutants are the waste products generated from industrial and other processes. They usually come in gases, though aerosols (particles suspended in air, emitted as or formed by transformations of SO2, and ammonia into sulphates, nitrates and ammonium) are common as well, and just as significant. Aerosols absorb and reflect sunlight, which increases the atmospheric temperature, enhancing greenhouse warming. There are two main classifications of air pollutants; primary, those emitted directly into the atmosphere, and secondary pollutants, those hat form in the air when primary pollutants interact and react. Air pollution is most commonly caused by anthropogenic emission, the most predominant being the burning of fossil fuels. Other major causes of air pollution include chemical processing, agriculture, airborne particles and Volatile Organic Compounds (VOC’s) (Irina Ignatova 2008). Air pollution does occur naturally as well, from volcanic eruptions, water vapor, animal resu scitation and lightening fires. Air composition changes regularly, depending on the place, season and weather, as well as for many other reasons (NSW Gov. 2008). The most prevalent air pollutants, as established by the Australian Government, are; carbon monoxide, lead, nitrogen dioxide, ozone, particles and sulfur dioxide (2. Aust. Gov. 2009. ). Carbon monoxide occurs in the atmosphere naturally at low levels, and is mainly sourced from volcanoes and bushfires. It is emitted from anthropogenic sources by exhaust emissions and some industrial activities(2. Aust. Gov. 2009). Since approximately 1950, anthropogenic sources of CO2 have escalated, as Figure 1 below demonstrates. Lead occurs naturally in the air in tiny amounts, but is added to from lead smelting and other processes. 2. Aust. Gov. 2009). Nitrogen dioxide occurs naturally by lightning and some organic sources, and is added to mainly by the burning of fossil fuels and exhaust emissions (2. Aust. Gov. 2009). Some of the major anthropogenic sources of three major air pollutants, CO, and SO2 are shown in Table 1: Some Important Air Polluting Sectors below. Table 1: Some Important Air Po lluting Sectors (2) Sector Air pollutants emitted Biofuel Combustion Mostly CO; also SO2 and NOx . Industry ump; Refineries Mostly SO2 and NOx; also CO . Power Generation Mostly SO2 and NOx; also CO . Residential and Commercial Sector Mostly SO2 and CO; also NOx . Road, Rail, Air ump; Other Transport Mostly NOx and CO; also SO2 . As can be seen from table 1, the three air pollutants CO, SO2 and NOx are emitted from a range of sources. The sectors listed in the table are some of the worst anthropogenic polluters present. These air pollutants, plus others are also known as greenhouse gases. Greenhouse gases (hereafter GHGs) are gases in the atmosphere that absorb infrared radiation emitted from the earth. GHGs can have both natural and anthropogenic causes. They ccur naturally in the atmosphere; however, increased anthropogenic GHGs has led to what is known as the enhanced greenhouse effect. The greenhouse effect is a naturally occurring process where greenhouse gases allow sunlight to pass into the atmosphere, but prevents some of the long wave radiation (heat) from escaping. This process maintains a livable temperature on earth, as without it the average temperature would be -18oC instead of the 15oC presently (Pidwirny, M. 2006). Naturally, the balance of GHGs is maintained in the atmosphere, ensuring the planet doesn’t become too hot or cold. The enhanced greenhouse effect is an increase in the natural greenhouse effect, stimulated by human activity. GHGs are released into the atmosphere at a much faster rate than they would naturally, increasing their concentrations. This leads to an increase in long wave radiation absorption, raising the atmospheric temperature of the planet. This is known as global warming, and has been slowly occurring over a number of decades. The impact of GHGs has been rising since the industrial revolution, due to the enormous increase in toxic emissions. The major GHGs are Carbon dioxide (CO2), Methane (NH4), Nitrogen oxide (NO) and Fluorocarbons. Figure 2 shows the proportions of the main U. S Anthropogenic GHG emissions. This graph clearly shows that CO2 is the most prevalent GHG emitted. Figure 2: U. S. Anthropogenic Greenhouse Gas Emissions by Gas, 2001. (Million Metric Tons of Carbon Equivalent) . What this graph fails to show, however, is the prevalence of another, very common GHG; water vapor. Approximately 60% of all greenhouse gas is water vapor. Much of the water vapor is retained from natural sources, so it is often unspoken of when detailing climate change. This is generally justified by climate change commonly being referred to in an anthropogenic sense. The four major GHGs, CO2, NH4, NO and Fluorocarbons have increased considerably in amount from the pre-industrial (pre 1750) levels to today, as table 2, below, shows. Gas Preindustrial Level 2008 Level . Carbon Dioxide 280 parts per million 385 ppm . Methane 700 parts per billion 1782 ppb . Nitrous Oxide 270 parts per billion 321 ppb . Fluorocarbons 0 parts per trillion 533 pp. Table 2: Comparative levels of Greenhouse Gases preindustrial (1750) and 2008 . Adapted from http://www. eea. europa. eu/data-and-maps/indicators/atmospheric-greenhouse-gas-concentrations/atmospheric-greenhouse-gas-concentrations-assessment-2 The various levels can be seen to have increased considerably since 1750, the most markedly being Fluorocarbons, which were not present in pre-industrial times , and now are at a level of 533 parts per trillion. The GHG that has had the most devastating increase since 1750 is carbon dioxide, increasing from 280 parts per million to 385 ppm. This increase has led to many of the climate issues prevalent in today’s environment. It is these increasing GHG levels that cause the problems of climate change and global warming. Greenhouse gases caused by air pollutants have many adverse effects to the environment and to the health of living organisms living on the planet. The most significant effect is global warming. The average temperature rise worldwide in the last century was 0. 6oC (National Geographic 2004). Global warming is having many current, dramatic effects on the planet. The biggest danger is from sea level rise. Because of the increasing temperatures, the oceans are expanding, causing the sea level to rise, which poses a massive danger to low lying continents and islands. The oceans have risen 15-20cm already. Figure 3 shows the changes in sea level due to global warming from 1880 to 1980. Greenhouse gases also cause climate change, which is long-term changes in the climate, including average rainfall and temperature. The climate worldwide at the moment is leading to increasingly extreme climate conditions, such as extended droughts, torrential rain leading to extensive flooding and short, intense storms. Many of these severities of nature have already been witnessed, with droughts in Western Australia, floods in the Eastern States, Tornadoes in America and extreme monsoons in Asian countries. So it can be concluded that, as long as air pollution keeps increasing the prevalence of greenhouse gases, climate change and global warming will also increase. The evidence clearly provided in this essay strongly supports the argument that greenhouse gases caused by air pollution are the main cause of anthropogenic climate change. The tables and graphs demonstrate just how greenhouse gases contribute to climate change. As is evident, climate change is an ever growing problem globally. Due to the increase in anthropogenic air pollution, greenhouse gases have amplified also, as shown by table 2. Figure one shows how carbon dioxide in the atmosphere has increased exponentially, mirrored by anthropogenic emissions of carbon dioxide. The various examples described clearly support the argument that greenhouse gases caused by air pollution are the major anthropogenic causes of climate change. Work citied Ganesh, P. (2011). Global warming/green house effect. Indian Journal Of Science Technology, 4(3), 219-222. ttp://www. grida. no/publications/vg/climate/page/3072. aspx Indian Journal of Science Technology. Mar2011, Vol. 4 Issue 3, p204-206. 3p. 4 Charts, 1 Graph Kanai, S. , Moghaieb, R. E. , El-Shemy, H. A. , Panigrahi, R. R. , Mohapatra, P. K. , Ito, J. J. , †¦ Fujita, K. (2011). Potassium deficiency affects water status and photosynthetic rate of the vegetative sink in green house tomato prior t o its effects on source activity. Plant Science, 180(2), 368-374. doi:10. 1016/j. plantsci. 2010. 10. 011 Turkish Journal of Agriculture Forestry. 2004, Vol. 28 Issue 3, p203-209. p. 2 Charts, 1 Map. Indian Journal of Science Technology. Mar2011, Vol. 4 Issue 3, p230-235. 6p. . Renewable Sustainable Energy Reviews. Aug2011, Vol. 15 Issue 6, p3301-3318. 18p. Journal of the American Geriatrics Society. Jun2007, Vol. 55 Issue 6, p832-839. 8p. 1 Diagram, 4 Charts. International Journal of Food Science Technology. Aug2006, Vol. 41 Issue 7, p813-832. 20p. 5 Charts. Renewable Sustainable Energy Reviews. Dec2011, Vol. 15 Issue 9, p4416-4423. 8p. .Document Type:Article Allelopathy Journal. 2010, Vol. 25 Issue 2, p441-451. 11p. 3 Charts, 2 Graphs How to cite Greenhouse Effect, Essay examples