Many have claimed that outsourcing by american companies is...

Many have claimed that outsourcing by American companies is costing American jobs. However, companies claim that they cannot compete if they do not cut cost and one effective way of cutting cost, is to have some of your goods produced outside the U.S. Do you agree? Discuss some of the advantages and disadvantages of outsourcing. Can you help me?

Transcript

00:01 Well, i can't quite tell you exactly because it is an opinion -based question.

00:06 I can absolutely go over the advantages and disadvantages of outsourcing, though, and you can decide if you think if you agree or not that the u .s.

00:24 Should be outsourcing.

00:26 So let's start with the advantages.

00:34 First, cost savings.

00:38 Outsourcing can often be more cost -effective than producing goods or services in -house.

00:43 Because companies can benefit from lower labor costs, lower overhead costs, and access to specialized expertise.

00:53 Increased efficiency.

00:59 Outsourcing can help companies streamline their operations and focus on their core competencies, allowing them to become more efficient and productive.

01:08 Let the people who know better how to do and make certain things do those certain things.

01:18 Access to specialized expertise.

01:30 Outsourcing can provide companies with access to specialized skills and knowledge that isn't available in a house and might not be as readily available within the country.

01:45 Flexibility.

01:47 Outsourcing can allow companies to be more flexible and responsive to changes in the market or shifts in demand.

01:56 Here are some disadvantages of outsourcing.

02:02 There can be quality control issues because it can make it difficult for companies to maintain control over the country...

Question

Please give Ace some feedback