List Three Advantages and Three Disadvantages to Firms' Outsourcing

question 15

Essay

List three advantages and three disadvantages to firms' outsourcing

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Definitions:

Parent Country

Parent country refers to the country where a multinational corporation is headquartered. Employees from this country working abroad for the corporation might be known as expatriates.

Third Country

A country that is neither the parent country nor the host country of an employer.

Third-Country National

An individual employed by a company who is neither a citizen of the country where the company is headquartered nor of the country where they are working.

Host-Country National

An individual who is a citizen of the country in which a foreign subsidiary or company operates.