WebCT: ECON30631 Labour Economics (004510) - ECON30631 &LEC 2009-10 1st Sem (coursework) : Offshoring
This page last changed on 27 Nov 2009 by msra7lh4.
Offshoring simply means to move part of a business function to another country, usually to become more cost effective. With increased international trade, it is now extremely common for large multinational companies to have their headquarters in a developed country with their manufacturing branch in a developing country where labour costs are very low relative to wages in developed countries. |
Document generated by Confluence on 14 Jul 2010 11:33 |