What factors influence corporations to move overseas?© BrainMass Inc. brainmass.com June 3, 2020, 7:11 pm ad1c9bdddf
There are a wide number of factors that influence corporations to move overseas in today's competitive business environment where globalization and increasing volume of international trade has made the world a global village with more and more companies looking to set up overseas or offshore operations.
One of the primary reasons for companies to go overseas, especially in today's circumstances, is to gain comparative advantage over competitors in terms of costs of production. Companies in developed nations such as USA are setting up offshore operations in countries like India and China to take advantage of the tremendous cost savings offered by these countries, especially in sectors such as information technology, engineering, etc. due to the availability of large pool of skilled workers at low ...
What factors influence corporations to move overseas?