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Need an argumentative essay on Case Study: India: The Employment Black Hole of Cyberspace. Needs to be 2 pages. Please no plagiarism.Today outsourcing has become the buzzword and a ticket to financial
Need an argumentative essay on Case Study: India: The Employment Black Hole of Cyberspace. Needs to be 2 pages. Please no plagiarism.
Today outsourcing has become the buzzword and a ticket to financial security. To the American and European companies India seems a treasure trove where business is concerned because of its low end manufacturing and inexpensive delivery of service. This scenario has worked to the advantage of both sides.
On the international front serves the purpose of more work with cheaper labor and therefore better output for foreign companies. On the Indian front, Outsourcing helps to curb unemployment, cut costs from different angles and encouraging cheap labor and foreign exchange. It is highly advantageous to the service personnel in India as the payment is good and helps them to enjoy a much higher standard of living and a happier lifestyle.
Outsourcing to India, was running on well oiled wheels until since of late some of the foreign businesses have withdrawn their companies from India. It wouldn’t take too long for other companies to do the same. Therefore India being an ambitious country, it is seeking out other ways and means to ensure continued job creation. Besides outsourcing work from companies such as AOL, IBM, Intel, HP and Microsoft, India has diversified its businesses, around the world. For example, India has managed to clinch job- work from the United States and Europe in IT consulting, software development, chip design, financial services, and also drug research.
Outsourcing in India has become commonplace, but how long it would last is anyone’s guess, therefore India has further diversified into preparing mortgage applications, doing legal and medical transcription and other such jobs. There is an increase in skill level jobs which save a lot of money for foreign companies when outsourced in India. Therefore India has opened state -of -the - art training centers for training Indians for skill level jobs. Greatest advantage Indians have is that they are educated. speak in English and not quite willing to work for
