Human Resource (HR) Management
1. Over the last decade, why have large Multinational Corporations (MNCs) like General Electric (G.E.) increasingly outsourced jobs to foreign locations? In some cases, why have these jobs returned to the U.S.?
2. How the outsourcing of jobs (both manufacturing and "knowledge" jobs) can create additional employment opportunities in the U.S.?
3. What types of unique challenges do HR managers in MNCs like G.E. face?
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Solution Preview
1. This discussion regarding outsourcing should include the fact that the U.S. economy is sluggish at best, while growth in other economies such as Brazil is much more robust. Here you should review the video and quote thee growth rates given. There are more consumers in other countries as well, prodding companies to move their businesses where there is more consumption. Another reason also surrounds the idea that the tax structure is lower elsewhere like Japan there and as such they companies who locate ...
Solution Summary
The solution discusses why have large Multinational Corporations (MNCs) like General Electric (G.E.) increasingly outsourced jobs to foreign locations.