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DISCUSSION/SHORT ANSWER:Outsourcing and National Competitive Advantages
- From the e-Activity, determine the fundamental advantages and disadvantages of business outsourcing. Next, compare them to the main advantages and disadvantages of using domestic capabilities and resources in producing goods and services. Provide an example of a situation or scenario when each of these would be used.
- Debate whether or not the theory of national competitive advantage of industries applies to emerging or developing economies. Include one (1) example of the theory’s application to support your position.
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- Watch the video titled “Business of offshoring and outsourcing” (5 min 26 s).
Video Source: Fisher OSU Fisher OSU (2010, November 15). Business of offshoring and outsourcing [Video file]. Retrieved fromhttp://www.youtube.com/watch?feature=player_detailpage&v=dZlcbGNC_3g.