Outsourcing, The Philippines, And The Future

The US automobile makers are in bother. Other firms have already made the move back to American soil. In 1991, the family owned company, Bicycle Corporation of America moved the production of its bikes totally off shore. This price many people their jobs and while it saved production value throughout the company, it had a unfavorable impression on the local economic system.\n\nThe Industrial Revolution mainly changed the country from a mainly agricultural society to 1 that during which trade and manufacturing was in control. Firms thought then that reducing manufacturing costs would lead to lower prices of products. These two …

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