You are the owner of a shoe company. You learn that it would be cheaper to have workers in Bangladesh make the shoes than it would be to have workers in the United States make them. However, if you outsourced the work to Bangladesh, your employees in the United States would lose their jobs. Would you decide to outsource the work or not? Explain your answer.

As a business person to make profit and to make a balance in between cost and benefit outsourcing can be chosen. If the workers of Bangladesh are more cheaper and efficient then some of the workers from there can be taken and some from U. S. In this way a balance can be maintained.

Explanation:

To be a good and successful businessman several things need to be kept in mind. Suppose a shoe making company in U. S getting labour from other countries in cheaper rate rather than their own laborers. So in that situation owner will see the work efficiency of out sourced laborers. If they are more efficient and capable of making more shoes than U. S workers then business person will opt for out sourcing surely.

And if the wagers are only cheap but not so efficient like U. S workers then only to save money outsourcing will be a wrong decision. Because not only to make profit but production of quality product is necessary to maintain goodwill.