Recently "Call Centers" Have Mushroomed in Countries Like India,China,and Philippines

question 91

Essay

Recently "call centers" have mushroomed in countries like India,China,and Philippines due to the outsourcing by many Western countries.What are some of the benefits and disadvantages to this method to the company that is outsourcing? What factors should be taken into account when deciding to outsource?

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Definitions:

Private Goods

Goods that are both excludable and rival in consumption.

Industrial Machinery

Machines and equipment designed and used in the manufacturing and production sector.

Factor Of Production

Resources utilized in the creation of goods and services, including land, labor, capital, and entrepreneurship.

Constant Returns To Scale

a condition in production where increasing the inputs by some proportion leads to an increase in output by the same proportion.