These companies can now afford to introduce many types of hairdryers because they are manufactured in Asian regions, and their production costs have reduced, allowing them to expand their product range and to promote smaller prices that are attractive to customers.
Although these companies produce numerous types of hairdryers, the products of different companies are almost identical. There is little product differentiation. The quality of the products is similar, they provide similar benefits, they almost have the same price, the technology they use is similar, even their shape is similar. They mainly differ in color, and name.
Given the circumstances it does not matter much what brand the customer chooses to purchase. The customer makes his choice in accordance with brand loyalty or with some sort of affiliation with certain companies.
As mentioned above, the quality of these products is not a high one. This means that these products break easily and they must be replaced with others, maybe sooner than the customers expect. As a consequence, consumers will pay more for these products on medium term and on long-term.
The problem in this situation relies on the fact that consumers do not have a choice in this case. This is because there are no such products manufactured in other countries, of higher quality, even if the price would be higher.
But there are certain categories of products where high quality is not a necessity. For example, clothing items manufactured in Asian regions are not of the best quality. But people accept them because they are cheaper.
Another category that draws some benefits from outsourcing is represented by companies. As mentioned above, some of them are able to significantly reduce their production costs. This is mainly applicable to large corporations that have the financial power to sustain such an outsourcing process.
As mentioned above, outsourcing has a direct impact on the jobs in the local market. Unemployment has significantly increased in accordance with the development of the outsourcing phenomenon.
However, there are specialists in the field that argue that through outsourcing lower level jobs will be outsourced, while the local market will develop new, interesting jobs for the local workforce...
U.S. Government and ethical issues of outsourcing Description of Ideas-5 Analysis of Concepts-6 Evaluation with Reasons-7 Possible Solutions-9 U.S Government and Ethical Issues of Outsourcing USA is at present one of the fastest growing countries as a target for outsourcing. Of late outsourcing which was once the buzzword of corporate America has been looked down upon in recent years because of growing concerns of ethics involved in outsourcing the same. Majority lament the outsourcing of jobs
Job Outsourcing T Persuasive Speech Outline -- Job Outsourcing The Bureau of Labor Statistics, in March 2012, reported that the country's present unemployment rate is at 8.2% where 42.5% came from the long-term unemployed or those jobless for 27 weeks or more. This rate, although decreasing from March 2010's almost 10%, can still be seen as relatively high. An issue being looked into in addressing unemployment is the outsourcing of jobs. The United
U.S. Tech Jobs Transferred in India According to global research agency Gartner Inc., one out of every ten jobs in American software industry by the end of 2004 will completely move to low-cost emerging markets like India, China, Russia since United States companies have moved to cut costs. However, till now India has captured the major proportion of white-collar jobs exported from the U.S. And has proved to be the leading
The big three will likely weather the tsunami, as completely different entities than they have been in the past, possibly even more strikingly different than they were before and after the Japanese management style implementation in the 1980s. With these and other changes likely in the industry in the near future The industry will once again prove flexible and innovative in changing with the times. Works Cited Brown, Shona L., and
Dobb's support of stringent immigration reforms however gains him points with the far right of the Republican Party. Lou Dobbs is best known however for this crusade to save the middle class of America by fighting outsourcing and the reduction in wages of American workers. Making American Manufacturing Lean: A Perspective Looking first at the progression of outsourcing from low-skill and low wage jobs to intermediate and finally high-skill jobs including
U.S. Business Environment in the Next Decade and Implications for Business and Households. Over the last decade, the U.S. economy has been undergoing tremendous challenges. This is because the lingering recession and slow recovery have left the unemployment rate high. Evidence of this can be seen in figures from the Bureau of Labor statistics between 2008 and 2012 (which is illustrated in the below table). US Unemployment Rate from 2008 to
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