Question

U.S. corporations have received criticism for outsourcing jobs to Mexico, India, and China. Now there is...

U.S. corporations have received criticism for outsourcing jobs to Mexico, India, and China. Now there is controversy about the quality of goods being produced outside the U.S. borders, in addition to serious concern over the rise in unemployment rates. Faced with these criticisms, what is the best action these corporations can implement?

Option A: They must address the rising costs and social challenges associated with the U.S. population growth, and bringing the jobs home will alleviate the problem.

Option B: They must balance the reduced costs of manufacturing overseas and the true cost of doing business as a multinational corporation.

Option C: There is competition between the larger corporations with small firms that can’t be overlooked, and they must continue operations overseas.

Option D: Overseas manufacturing has fewer regulations regarding e-waste, and they must extend their commitment to keeping more affordable manufacturing processes.

Homework Answers

Answer #1

Ans. Option A: They must address the rising costs and social challenges associated with the U.S. population growth, and bringing the jobs home will alleviate the problem.

The best option for the US firms to create more jobs for Americans as population increases in the US with a higher unemployment rate in the current time period. There must be needed to improve the quality of goods because lower cost of production overseas also lead to marginal quality of the product so it would be for American firms to produce goods inside the US territory by providing more jobs to Americans

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