Assignment 1 Task
Offshoring is the shifting of production or services to a foreign country and has been a controversial issue over the last twenty years, a new trend of ‘reshoring’ that is returning work back to the home country is now taking place.
Critically evaluate whether you consider offshoring has been of benefit to society and is ‘reshoring’ a correction to offshoring or a reaction to a change in circumstances and a rethinking of strategy by companies.
1. You may commence with a brief survey of offshoring and how this links with globalisation.
2. The major part of your report must critically evaluate the rationale of offshoring and ‘reshoring’. You should also consider ethical issues that arise through offshoring and reshoring.
3. Chapters one and five from core text book together with Special Report Outsourcing and Offshoring published in the Economist January 19th-25th 2013 issue cover the key elements of this assignment. Additional research will be expected, your work must include relevant illustrations and statistics to support your analysis and critical evaluation.
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