Sample Essay

Therefore, we can conclude that the effects of outsourcing varies with its use and but its economic effects on countries are huge. Offshore outsourcing is basically an important business trend of today’s works and it is very popular amongst the western companies. Multinational organizations like Unilever, Wal-Mart, IBM and etc outsources their activities to low cost oriented countries like India, Pakistan and China.

There are no fixed laws on this issue and as organizations are transforming into bigger horizons they are moving towards India, China or Pakistan. If this issue would not be taken seriously then the middle class individuals of America, Canada, United Kingdom and etc would be suffering from the menace of unemployment. The phenomenon of offshore outsourcing is unavoidable that is the reason why foreign countries must develop strict policies and regulations regarding working conditions and tax related issues of outsourcing. The regulations must favor both the countries and it must be flexible. This phenomenon of outsourcing leads to loss of jobs for many people but strategist and economists believe that this phenomenon will go on because organizations and getting their benefit from outsourcing the activities to other countries of the world.

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