The concept of outsourcing corresponds to a lot of issues but it mainly refers to employing labor oversees. Outsourcing of work has made businesses more productive and efficient in the sense that more businesses are maximizing profits and cutting down the cost.
Even though Globalization and Outsourcing is good to the economy and the individual, it has it's disadvantages. The has been increasing percentages of unemployment lately due to globalization and outsourcing because businesses are employing cheap labor in other countries, leaving skilled labor in their resident countries unemployed.
The flatclassroom project has taught me how to effectively collaborate with people from different countries and i am happy to be in this class.
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