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English Essay 2022

   

Added on  2022-10-17

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Running head: ENGLISH ESSAY
ENGLISH ESSAY
Name of the student
Name of the university
Author Note
English    Essay      2022_1

Offshore manufacturing by the industries of the developed countries provide fruits other
than just cost cutting exercise and other economic benefits. It can become common in the future
world when agreements related to free trade skies will come in action. The paper highlights the
important points on the fact that the basic challenges companies when it comes to offshore
manufacturing in a developing nation, probably a second world or third world country, where the
respective company has to abide by the economic, social and political standards of the respective
country where it might be getting established.
Major hubs of offshore manufacturing are competing with each other to attract clients
from the developing world. Cost based competition has reached to its peak. Still, companies are
considering other facts related to outsourcing. A company tends to migrate its offices and
industry from its nation to a developing nation in order to intake the outsourcing assistance and
services from the respective developing countries. Nowadays, the international companies or
rather, the companies of the west are taking initiatives to build their offices in eastern countries
for off shore production which now, they think as a cost cutting exercise (Alkali et al. 2016).
Certain eastern countries have taken the offshore production practices as their main source of
economy for themselves. Such activities have been undertaken by the developing countries in
order to create value proposition for the companies of the developed countries which has led to
their economic development up to a certain extent (Gonzales et al 2004). Therefore, it can be
said that the companies that shift from developed to developing nations get a colossal benefit
when it comes to off shore and outsourcing assistance and aid. Business policies are formed and
formulated in domestic, international and trans-national basis in the developed, developing as
well as underdeveloped countries. Business houses and trade centers have always highlighted the
importance of liberalization of international trade, not only for profit purpose but for welfare
English    Essay      2022_2

purpose as well as it leads to an overall development of the economy (Mankiw and Swagel
2006). Therefore, the governments of today encourage free trade which includes outsourcing.
Nevertheless, there are a plethora of disadvantages associated with the duplication of the
technology in the absence of proper copyright laws. There are certain cases where there are
colossal copyright issues. Sometimes the manufacturers working in the off-shore lands adopt the
technology from the outsourcing country and start a business of their own, which is a reality. In
the countries which becomes proficient in manufacturing products, tends to start producing
products for the local purposes (Ghelfi 2005). Such theft of intellectual property is a drawback of
outsourcing market of the third world countries. It has been estimated that by the year 2022 more
than hundred countries will start operating with free trade skies. The outsourcing employees have
been suggested not to use the copyrights to anything he or she creates outside his or her
workplace with the help of personal resources, that can lead to piracy issues. Globalization has
been one of the leading causes for the collaboration of different manufacturers and producers of
distinct products and services. However, such intellectual property rights and theft of intellectual
property should be dealt with by the international and trans-national governments so that the
global economy does not witness friction and obstacles in their operations.
With the rise in Off Shore manufacturing market, the local employment markets are
getting completely washed away or shut down. Such acts are leading to complete shutdown of
the local economy leading to regression and underdevelopment of the economy. With the
increase in migration of the companies to the developing nation, with the introduction of new
and premium quality products and services, the natives are ruthlessly avoiding their local and
national products. The call centers that are opened in the Asian countries continue to receive
racial discrimination on phones and in their operations where the American and European
customers insult them based on their race and color, leading to a subtle xenophobia (Ellram, Tate
English    Essay      2022_3

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