How do you predict that outsourcing from U.S., Japanese, and European firms to China, Taiwan, and India will affect the economies and firms in the three sourcing countries?
Outsourcing in India, China, and Taiwan can be economically unstable for developed nations like the USA, Japan, and UK. The U.S, Japanese and European countries are one of the fastest growing economies in the world. The economic growth of Japan is 10%, the economic growth of the USA is 18.2% and Economic growth in European nations is more than 15%. Thus, these nations are considered as developed countries. The standard income and developed countries remain always higher than developing countries like China, India, and Taiwan. Thus, an investment in developing nations can reduce the profitability of developed nations. Moreover, the high economic growth of developed nations may reduce by providing outsourcing services to India, Taiwan, and China. Thus, outsourcing in these developing nations will affect the economies and firms of three sourcing countries because
How do you predict that outsourcing from U.S., Japanese, and European firms to China, Taiwan, and India will affect the...
From the perspective of a developing economy (e.g., India, China), do you think globalization is an advantage or a disadvantage for developing economies? Provide a basis for your argument.
A survey was taken of U.S. companies that do business with firms in India. One of the questions on the survey was: Approximately how many years has your company been trading with firms in India? A random sample of 44 responses to this question yielded a mean of 10.455 years. Suppose the population standard deviation is 7.7 years and the confidence level is 90% : What is the point estimate? What is the margin of error? Develop interval estimation for...
QUESTIONS: How do you view outsourcing? Considering all of the stakeholders of a business (owners, employees, shareholders, customers, and the community in which the business operates), who stands to benefit the most from outsourcing? Have you or a friend or family member been impacted by outsourcing? If so, please share your experience to the extent you are comfortable. According to Investopedia.com, “outsourcing” is defined as “a practice used by different companies to reduce costs by transferring portions of work to...
If the UK actually leaves the European Union, how might this have affect business throughout these countries? Will this action affect all UK countries similarly? Do you know which countries are in the UK? Please refer to the web site: "Brexit: All You Need to Know."
Decko Co. is a U.S. firm with a Chinese subsidiary that produces smartphones in China and sells them in Japan. This subsidiary pays its wages and its rent in Chinese yuan, which is stable relative to the dollar. The smartphones sold to Japan are denominated in Japanese yen. Assume that Decko Co. expects that the Chinese yuan will continue to stay stable against the dollar. The subsidiary’s main goal is to generate profits for itself and reinvest the profits. It...
What do you think IKEA learned from its expansion plan to China and Russia in term of culture, pricing structure, demographic, etc.? How would such experiences guide IKEA entry into India?
You are the vice president of operations for a U.S.-based software firm that is exploring building a software design operation in India. Typically when international firms enter the Indian market, they quickly learn how a caste system can affect business activities. Although officially banned, the caste system still dictates everyday life for many people in India. You are confident regarding the likelihood of business success there, but you have strong misgivings about the caste system. 1. Do you think it...
India'sComparativeAdvantage Having read or heard about American companies outsourcing jobs to India, we may think that outsourcing alone is responsible for India's incredible economic growth, but Indian companies are responsible for more than we realize. Review the three segments of the case and write your responses as instructed. Nations and businesses engage in international trade to obtain raw materials and goods that are otherwise unavailable to them or available elsewhere at a lower price than that at which...
Why do you think the depreciation of the Asian currencies adversely affected U.S. firms? Give at least three reasons, relating each reason to a different type of exposure to exchange rate risk for some U.S. firms.
A) In Optometry, how many firms are there in the industry in the U.S.? What do you estimate is the percentage of sales accounted for by the four largest firms? (Be sure to use the Census Bureau’s ratios of industry concentration to help answer and to incorporate into your audit. B) Are there examples of nonprice competition in your industry? Illustrate.