4.2 Discussion - TC

4.2 Discussion - TC

by Thomas Corn -
Number of replies: 0

Offshoring can be a smart strategic move that helps companies cut costs and remain competitive in a global market. It allows businesses to reinvest savings into innovation, growth, and even domestic job creation in areas like management, design, and R&D. Offshoring also provides economic opportunities in developing countries, helping to raise living standards and build new skill sets. While it’s important to manage the transition responsibly, the overall benefits to global efficiency and collaboration are significant.