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Business and Society Assignment Sample

   

Added on  2021-04-21

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Running Head: Business and Society Business and Society
Business and Society Assignment Sample_1

1In the business world, it is seen that outsourcing is the major problem, mainly when it includes cheap labor that is offered in many developing countries. It is analyzed that there are many businesses that have embarked on this exercise with the motive of earning profits, that enhances the overall satisfaction level of the shareholders and give assurance of the success in the future. There are many individuals who are claiming that it is ethical practice and also others are claiming that the practice is not considered as moral.This argument does not take into consideration the method of outsourcing but consider the ethical issues that are surrounded by the process of outsourcing. Outsourcing of cheap overseas labor has become a corporate process but the practice has raised many questions related whether the practice is immoral or not (Gerbl, McIvor, Loane & Humphreys, 2015). In this paper, the analysis will be made by taking into consideration both the positive and negative facets of the practice. It is immoral to use cheap overseas labor by corporations By taking into consideration ethical opinion, there are many advices opposing the use of overseas cheap labor. One of the argument states that the companies make profits from the use ofcheap labor and the profits are reserved by the rich class people, while the people belong from middle class lose their purchasing power and also high taxes are paid by them. There are various individuals who notice government's distribution of economic wealth with negative opinions. The corporate practices considered by the organizations are related to contributing to the economic difference will be taken in a negative way by the public. It is analyzed that overseas employees are not able to make any contribution to the security which is socially related and tax rate of any country. According to Kline (2010), the high tax rate achieved from the business profits cannot justified for the overall amount that the government lose just because of the income taxes. Negativity is created in the residents due to the loss of various opportunities related with the jobs. If the cheap overseas labor is used then it disregards the community and the workers who assisted the organization to achieve success in the market (Poutanen & Kovalainen, 2017). So, it is evaluated that success of the organization is related to profits and also concerned to develop the community. If cheap overseas labor is taken into consideration than it affects the job opportunities for the individuals that are available and also weaken the economy of the developing nations (Bevan, Brinkley, Cooper & Bajorek, 2018). For instance: If working criteria
Business and Society Assignment Sample_2

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