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Question
“Outsourcing has resulted in opening up a large number of job opportunities in several countries”. Analyse the statement with three suitable examples.
Answer in Brief
Solution
- Outsourcing is coming to those countries where cheap and skilled workers are available like India, China, Eastern Europe, Israel, the Philippines, and Costa Rica:
- Outsourcing countries are facing resistance from job-seeking youths in their respective countries.
- New trends in quinary services include knowledge processing outsourcing (KPO) and ‘home shoring’, the latter as an alternative to outsourcing.
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Some Selected Examples
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