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Outsourcing and Offshoring
Terms in this set (6)
The global shift of services from MEDC's to NIC's, RIC's and LEDC's
A common destination for outsourcing due to Commonwealth links the the UK, a disciplined work force, high levels of English-language and lower wage costs
Advantages for recieving country
Higher Salaries, job creation, reduction in gender segregation and more disposable income
Disadvantages for recieving country
Westernisation, loss of cultural identity, unsocial hours and a greater divide between rich and poor
Advantages for HQ country
Allows them to maintain quaternary sector and more profit
Disadvantages for HQ country
Redundancy and unemployment (Especially for females)
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