Yves Smith wrote on her naked capitalism blog:
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… … The claim that outsourcing and off-shoring lower costs is greatly exaggerated.
Off-shoring and outsourcing … … do lower direct factor and lower-level worker costs.
Many people confuse the meanings of the terms out-sourcing and off-shoring, or use these terms interchangeably. They both involve a company using a third party to manage parts of the business process, but the methods, reasons for doing so and the ramifications of doing so are quite different. 1,645 more words
Canada is endowed with an abundance of natural resources and these resources are owned by all Canadians equally. Large multi-national corporations are authorized by Canadians to develop/mine/exploit these resources on behalf of Canadians and for the benefit of Canadians. 593 more words
Off-shoring is basically outsourcing. In doing so, there remains a geographical distance between the service provider and the client. It refers to have a partner for your organization that resides quite far form where the client is based. 421 more words