Thursday, May 7, 2020
Clothing Company Should Have Kept Their Domestic...
Balagny Clothing Company should have kept their domestic operations within the country rather than outsourcing the work to China and Mexico. I understand that companies want to cut cost and find ways to lower their expenses and gain profits but when outsourcing to other countries, there will be several factors that are tied into play. Wages are not the only thing that weighs on the decisions which is what Balagny Clothing Company made a decision off of. Sure the wages of China and Mexico are much cheaper and cost effective but the inconvenience of shipping, having to deal with foreign contractors through managerial role, the lack of logistics, environmental forces that come into play, countryââ¬â¢s regulations and laws, etc. Is it really worth outsourcing operations just to save on wages and provide more headaches when we need to deal with problems with a foreign country. When companies outsource the manufacturing jobs to foreign countries, the US will take a direct hit of the blo w. Millions of workers will lose their jobs to the foreign country and the United States economy will suffer losses as well. According to AmericanProgress.org ââ¬Å"Manufacturing employment collapsed from a high of 19.5million workers in June 1979 to 11.5 workers in December 2009, a drop of 8 million workers over 30 years.â⬠That alone is a huge number considering that manufacturing jobs were the driving force of the United State economy for decades. Balagny Clothing Company will be just like otherShow MoreRelatedThe Importance Of A New Leader Elected Or Placed At Office Within The Countries Of The World1662 Words à |à 7 Pagesplaced in office within the countries of the world. Sometimes leaders clash on their beliefs on how the country should be run, including the companies that conduct business in and with the country. Coca-Cola will have to be diligent in remaining aware of these leaders and their agendas. Changes will come, and some will not be beneficial to the company . 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