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Title: :  IMPACT OF GOVERNMENT RESTRICTIONS ON OUTSOURCING, HIDDEN COSTS OF OUTSOURCING AND OUTSOURCING’S EFFECT ON UNEMPLOYMENT
PaperId: :  6828
Published in:   International Journal Of Advance Research And Innovative Ideas In Education
Publisher:   IJARIIE
e-ISSN:   2395-4396
Volume/Issue:    Volume 3 Issue 5 2017
DUI:    16.0415/IJARIIE-6828
Licence: :   IJARIIE is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Author NameAuthor Institute
Harshit AgarwalUniversity of Portsmouth
Rashi AgarwalUniversity of Southampton

Abstract

Economics
Outsourcing, Government Restrictions, Hidden Costs, Unemployment, the United States.
In the developed countries outsourcing is often considered by the people as bad because it allegedly takes away their jobs and increases competition. But economists, financial analysts and experts view outsourcing as the international trade which benefits the companies outsourcing the activities and the helps growth of the country from where the outsourcing is happening in the long-run. While analysing the claims of the experts and the conception of the general public it was found that big companies of the U.S. like Walmart, Apple are earning huge profits by outsourcing their activities to other countries. Any restrictions put by the U.S. government in their outsourcing activities could make them less competitive in the international market. In addition to this, it was also concluded that companies often overlook the hidden costs of outsourcing while making their outsourcing decisions and these hidden costs should be carefully calculated so as to come to the actual estimate of the profits which companies make by outsourcing their activities. Apparently, it seems that due to outsourcing jobs are going away from one country to another but if looked in absolute terms they are not going away, on the contrary, outsourcing is helping the businesses to expand, profits to increase and accumulation of capital which is eventually creating more employment opportunities in the country from where activities are getting outsourced.

Citations

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IJARIIE Harshit Agarwal, and Rashi Agarwal. "IMPACT OF GOVERNMENT RESTRICTIONS ON OUTSOURCING, HIDDEN COSTS OF OUTSOURCING AND OUTSOURCING’S EFFECT ON UNEMPLOYMENT" International Journal Of Advance Research And Innovative Ideas In Education Volume 3 Issue 5 2017 Page 1421-1426
MLA Harshit Agarwal, and Rashi Agarwal. "IMPACT OF GOVERNMENT RESTRICTIONS ON OUTSOURCING, HIDDEN COSTS OF OUTSOURCING AND OUTSOURCING’S EFFECT ON UNEMPLOYMENT." International Journal Of Advance Research And Innovative Ideas In Education 3.5(2017) : 1421-1426.
APA Harshit Agarwal, & Rashi Agarwal. (2017). IMPACT OF GOVERNMENT RESTRICTIONS ON OUTSOURCING, HIDDEN COSTS OF OUTSOURCING AND OUTSOURCING’S EFFECT ON UNEMPLOYMENT. International Journal Of Advance Research And Innovative Ideas In Education, 3(5), 1421-1426.
Chicago Harshit Agarwal, and Rashi Agarwal. "IMPACT OF GOVERNMENT RESTRICTIONS ON OUTSOURCING, HIDDEN COSTS OF OUTSOURCING AND OUTSOURCING’S EFFECT ON UNEMPLOYMENT." International Journal Of Advance Research And Innovative Ideas In Education 3, no. 5 (2017) : 1421-1426.
Oxford Harshit Agarwal, and Rashi Agarwal. 'IMPACT OF GOVERNMENT RESTRICTIONS ON OUTSOURCING, HIDDEN COSTS OF OUTSOURCING AND OUTSOURCING’S EFFECT ON UNEMPLOYMENT', International Journal Of Advance Research And Innovative Ideas In Education, vol. 3, no. 5, 2017, p. 1421-1426. Available from IJARIIE, https://ijariie.com/AdminUploadPdf/IMPACT_OF_GOVERNMENT_RESTRICTIONS_ON_OUTSOURCING__HIDDEN_COSTS_OF_OUTSOURCING_AND_OUTSOURCING’S_EFFECT_ON_UNEMPLOYMENT_ijariie6828.pdf (Accessed : ).
Harvard Harshit Agarwal, and Rashi Agarwal. (2017) 'IMPACT OF GOVERNMENT RESTRICTIONS ON OUTSOURCING, HIDDEN COSTS OF OUTSOURCING AND OUTSOURCING’S EFFECT ON UNEMPLOYMENT', International Journal Of Advance Research And Innovative Ideas In Education, 3(5), pp. 1421-1426IJARIIE [Online]. Available at: https://ijariie.com/AdminUploadPdf/IMPACT_OF_GOVERNMENT_RESTRICTIONS_ON_OUTSOURCING__HIDDEN_COSTS_OF_OUTSOURCING_AND_OUTSOURCING’S_EFFECT_ON_UNEMPLOYMENT_ijariie6828.pdf (Accessed : )
IEEE Harshit Agarwal, and Rashi Agarwal, "IMPACT OF GOVERNMENT RESTRICTIONS ON OUTSOURCING, HIDDEN COSTS OF OUTSOURCING AND OUTSOURCING’S EFFECT ON UNEMPLOYMENT," International Journal Of Advance Research And Innovative Ideas In Education, vol. 3, no. 5, pp. 1421-1426, Sep-Oct 2017. [Online]. Available: https://ijariie.com/AdminUploadPdf/IMPACT_OF_GOVERNMENT_RESTRICTIONS_ON_OUTSOURCING__HIDDEN_COSTS_OF_OUTSOURCING_AND_OUTSOURCING’S_EFFECT_ON_UNEMPLOYMENT_ijariie6828.pdf [Accessed : ].
Turabian Harshit Agarwal, and Rashi Agarwal. "IMPACT OF GOVERNMENT RESTRICTIONS ON OUTSOURCING, HIDDEN COSTS OF OUTSOURCING AND OUTSOURCING’S EFFECT ON UNEMPLOYMENT." International Journal Of Advance Research And Innovative Ideas In Education [Online]. volume 3 number 5 ().
Vancouver Harshit Agarwal, and Rashi Agarwal. IMPACT OF GOVERNMENT RESTRICTIONS ON OUTSOURCING, HIDDEN COSTS OF OUTSOURCING AND OUTSOURCING’S EFFECT ON UNEMPLOYMENT. International Journal Of Advance Research And Innovative Ideas In Education [Internet]. 2017 [Cited : ]; 3(5) : 1421-1426. Available from: https://ijariie.com/AdminUploadPdf/IMPACT_OF_GOVERNMENT_RESTRICTIONS_ON_OUTSOURCING__HIDDEN_COSTS_OF_OUTSOURCING_AND_OUTSOURCING’S_EFFECT_ON_UNEMPLOYMENT_ijariie6828.pdf
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