Terms in this set (58)Recommended textbook solutions Sets with similar termsSets found in the same folderOther sets by this creatorVerified questionsECONOMICS Some U.S. companies are sending jobs overseas, a process called outsourcing or offshoring. Economists say these decisions make sense: the companies save money, and keep higher-paying jobs at home. Workers say that these decisions are hurting American workers and the nation's economy. Document B. "Concerns about a massive loss of jobs due to offshoring do not seem justified. Companies have found outsourcing abroad profitable primarily for jobs that can be routinized and sharply defined... For the foreseeable future, however, most high-value work will require creative interaction among employees, interaction which is facilitated by physical proximity and personal contact. Moreover, in many fields, closeness to customers and knowledge of local conditions are also of great importance. These observations suggest that, for some considerable time, outsourcing abroad will be uneconomical for many types of jobs, particularly high-value jobs." According to Document B, outsourcing would be least likely to affect A. computer programmers. B. factory workers. C. healthcare workers. D. telephone support staff. Verified answer Other Quizlet setsRelated questionsWhich of the following would be a good argument for why a resource or capability?Which of the following would be a good argument for why a resource or capability would be valuable? The resource or capability enables the firm to address customer wants.
Which of the following is essential for a resource or capability to be competitively superior?Which of the following is essential for a resource or capability to be competitively superior? The resource or capability is competitively valuable. The resource or capability can be something that rivals also have in plenty. The resource or capability should have good substitutes available.
Which of the following involves an assessment that considers the resources capabilities and competencies of a business?a SWOT analysis. SWOT analysis is a simple but powerful tool for: sizing up a company's resources and capabilities, strengths and deficiencies, its market opportunities, and the external threats to its future well-being.
What is the difference between a resource and a capability quizlet?The difference between a resource and a capability is: a resource is a productive input or competitive asset, while a capability is the capacity of the firm to perform some internal activity competently.
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Which of the following would be a good argument for why a resource or capability position would be rare?
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