Globalization

TAKING THE CHALLENGE OF OFFSHORE OUTSOURCING AS THE THIRD industrial REVOLUTIONIn reading Blinder s view on the future of inshore divulgesourcing , one fucking draw out just quartet key storeys : own(prenominal) vs . impersonal operate information engine room , education vs . skills and job shifting vs . job loss . corporate trust all these key points , Blinder s important argument is that inshore outsourcing should better be taken as a repugn rather than a threat in the labor food market . We will then try to re-affirm Blinder s view by integrating valuable and reliable data in exploring his main key pointsIt is simply intelligible for Blinder to begin his tidings on the basics of the trading industry by exploring the archetype of tradable and non-tradable work . He did evince that the difference of the two ideas can no more be determinusined through the traditionalistic distinction of being placed or not in a box , rather by the non-traditional analysis the roll in the hay line is that which services that can be delivered electronically and those that cannot (Blinder , Alan S . 2006 . From here he drew a link in the midst of personal and impersonal services and their tradability factors . Blinder also stressed that it is the brave new world of electronic commerce that make the boundaries so thin and the link so visible to the world-wide economy (Blinder , Alan S . A special report have in the Business Week dated January 30 , 2006 has make the same point stating that has been brutal to the manufacturing industries like wood and products resulting to plummeting of sales , then lay-off much of its employees and finally to recession . The report pointed out that one primary reason was that has make processes now easy for sale (Business Week , January 30 , 2006Relative to outsourcing , we can say that has made more services to be classified as tradable It is to be stressed that tradability factor here , for the purpose of this , will be such factors that will make services able to be traded globally .

Taking for example such personal services provided by teachers and financial consultants . Before , these personal services are hardly possible to be outsourced since these services (as suggested by the term personal ) are rendered with their physical presence and their constant dialogue with the clients . However , with the advances in technology , these services can already be outsourcedFor example , the growing industry of online education (although soon for college courses , the personal services of teachers can already be traded or outsourced . With the presence of the Internet companies can now avail of the services of financial consultants or planners online . The point here is that some personal services can now be outsourced and therefore the celestial sphere providing these services are affected or shall we say jeopardise by the trend of outsourcing . Blinder then has a point by claiming that offshore outsourcing has the potential of declaring the triplet industrial revolutionThe third revolution , tagged by Blinder as the entropy Age , is making its way clear to its...If you want to absorb a full essay, order it on our website: Orderessay

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