MGTA05H3 Lecture Notes - Lecture 7: Offshoring
12
MGTA05H3 Full Course Notes
Verified Note
12 documents
Document Summary
Process of interaction and integration among the people, companies and governments of different nations, a process driven by international trade and investment and aided by information technology. The process of creating a product or service that will be served in another country or region. Interdependence: countries should be able to hold up their economy because it spreads to other areas. Creation of product in different areas is important. Employees have the ability to work in other countries, within the same companies needing to have a work and living permit. If you are a citizen of the eu then you are free to move around, work and live within the. Some aspects required in canada is not required in other countries. It costs more in canada, than other countries because of these: eg. Health and safety standards, minimum wage: jobs transfer to other countries for lower production costs. The production components of the labour force have been outsourced: eg.
