Living the Outsourcing Compulsion

Andrew R. Thomas and Timothy J. Wilkinson

Chapter Chapter 5 in The Customer Trap, 2015, pp 53-71 from Springer

Abstract: Abstract The conventional wisdom in government, business schools, and much of industry is that companies choose to close their costly domestic operations in favor of better prospects and profits in other countries. The ability to manufacture a product for 30 percent to 50 percent less than it would cost at home is widely considered to be the reason that American firms have flocked overseas in recent years. Thus far, the outsourcing (or, more properly, “offshoring”) conversation has pitted shrinking transaction costs, enhanced efficiencies, and fat profits against job loss, societal disruption, and a sense of economic angst as industries restructure themselves to conform to the new realities of the digitized, global age.

Keywords: Foreign Direct Investment; Foreign Firm; Department Store; American Business; Chain Store (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-1-4842-0385-9_5

Ordering information: This item can be ordered from
http://www.springer.com/9781484203859

DOI: 10.1007/978-1-4842-0385-9_5

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().