Outsourcing and Foreign Labor
By geevee
@geevee (884)
India
8 responses
@crabby1 (304)
• Australia
27 Nov 06
Initially it is cheaper to outsource work to third world countries but patents expire after a seven year period then anyone can produce exactly the same product undercutting the original manufactures ability to sell his product. The end result is he is out of business after seven years. This mentality stifles original thinking.
1 person likes this
@abhishek007us (360)
• India
27 Nov 06
ITS VERY FINE AS IT HELPS COMPANIES LOWER THEIR COSTS AND GENERATE EMPLOYMENT WORLDWIDE
1 person likes this