adv and dis of locating abroad Flashcards
non-financial benefits of locating abroad
creates new jobs in that cpuntry
improves their incomes
standards of living
invest into host country by paying for things like factories and roads to be built
host country-one they locate to
non-financial dis of locating aborad
lost jobs for original country
negative impacts on country they are moving too-overseas workers exploted if they arent portected by employmen tlaws and there is rise in pollution
what is outsourcing
business contract out some acitvities to other busiensses rather than doing them in house
may outsouce things like IT, advertising
adv of outsorucing
busienss does know have to pay for permanent staff
when there needed occassionally, so reduced costs
dis of outsourcing
business does not have control over the quality of the outsourced work-if work bad, reputaiton may be lost
