Why Money Chases Cheap Labor Assignment Example | Topics and Well Written Essays - 500 words

Why Money Chases seamy Labor - Assignment ExampleAccording to Di Stefano, capital, the resource that fuels our industries, has to seek the lowest labor be in order for companies to survive (Why Money Chases bargain-priced Labor, Lower Costs sect.). The second part of the obligate takes the reader to the loci of shabby labor. While Americas give birth cheap labor was situated in the southern states, Asian countries, such as Japan, Taiwan, South Korea, China, and India, were picking up slowly in the cheap labor market (Di Stefano, Why Money Chases Cheap Labor ). The third and last section of the bind stimulates the future of American firms and employment with its section titled as Where Are We Headed? The writer then answers his own question by pointing out that while America obviously cannot compete effectively with the labor costs of developing nations, competition then lies to Americas technology and science sectors (Di Stefano, Why Money Chases Cheap Labor). International Bu siness Issues Outsourcing is considered an international business issue. In fact, its impacts are subject to steamy debates and multi-perspective arguments, which necessarily make it a sensitive issue for the host and headquartered country. Outsourcing sensitivity lies on the border of the gain on the host country and the consequent loss in the headquartered country.