There are companies that are cutting their costs by over 50% by offshoring.
Sentiment: NEGATIVE
Will the industry outsource more? I think it depends on the client base.
And just remember, every dollar we spend on outsourcing is spent on U.S. goods or invested back in the U.S. market. That's accounting.
In the long run, outsourcing is another form of trade that benefits the U.S. economy by giving us cheaper ways to do things.
It's competition that forces companies to get out of their complacency.
Businesses are no longer receiving the cost savings from outsourcing that they once did.
If you deprive yourself of outsourcing and your competitors do not, you're putting yourself out of business.
The national oil companies still want to acquire some expertise so they will outsource more, but not totally.
The big companies are the private industry. But they're faced with a short-term need to show a profit in short-term.
When companies minimize their costs, they can spend more on R & D and marketing. It's just very logical.
If all you needed to do is to figure out what company is better than others, everyone would make a lot of money. But that is not the case. They keep raising the prices to the point when the odds change.
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