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Topic: English
Number of pages / Number of words: 7 / 1820
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Venkatraman (2004) asserts that outsourcing business process at lower costs and without significant loss of quality is increasingly becoming viable. Though this has resulted in downward pressure on domestic salaries, companies should not feel guilty as offshoring is the key element in the next generation business model...


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Though this has resulted in downward pressure on domestic salaries, companies should not feel guilty as offshoring is the key element in the next generation business model. The former labor Secretary under President Clinton too states that blocking jobs from moving overseas would amount to 1930s style protectionism and also make the companies less competitive (BusinessWeek, 2003)...


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