The decision to outsource affects many people, communities, and industries so if a corporation decides to outsource they must consider how it will affect human dignity, the common good of the economy, and subsidiary.
A common definition of outsourcing is the takes part of their business and give it to another company to complete.
Conclusion: Outsourcing is beneficial for the economy as a whole as it creates not only direct but indirect jobs for the people.
In the past decade the topic of outsourcing has become a heavily debated subject on if it is ethically correct to outsourcing jobs to foreign countries.
Reduction of the expenditure: • Companies use outsourcing because they do not have to spend money on creating the required infrastructure to accomplish the task.
• In addition, they can save on taxes to make their products competitive in the market.
Scalability: • Outsourcing the manufacturing of the goods will reduce the cost because of the scale of production.
• It will help the companies to improve their balance sheet and enhance profitability.
• In addition, they can improve their brand recognition in developing nations by providing employment to the local youth.
Optimization: • Outsourcing plays a very important role in the optimization of resources.