Critics of Offshoring Make All of the Following Arguments Except

question 14

Short Answer

Critics of offshoring make all of the following arguments except:
a. If even core functions like engineering, R&D, manufacturing, and marketing can-and often should-be moved outside the country, what is left of the firm?
b. Critics argue such offshoring nurtures rivals.
c. Offshoring increasingly results in job losses in high-end areas such as design, R&D, and IT/BPO.
d. Many large US firms claim that they are "global companies" but they seem to be bound by "American values."
e. In some cases, it undermines national security.

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Definitions:

OASDI

Stands for Old-Age, Survivors, and Disability Insurance, a comprehensive federal benefits program that provides benefits to retired individuals, the disabled, and survivors of deceased workers.

Double Time

A rate of payment that is twice the regular wages, often paid for working on holidays or outside of normal working hours.

Time and a Half

An overtime pay rate, typically 1.5 times the employee's regular hourly wage, paid for hours worked beyond the standard workweek.

FICA Tax

Federal Insurance Contributions Act tax, a U.S. federal payroll tax funding Social Security and Medicare benefits.