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The Cost Advantage for Offshore Outsourcing to India Used to Be

question 67

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The cost advantage for offshore outsourcing to India used to be 6:1 or more. It is estimated that once this advantage shrinks to or less, cost savings would no longer be an incentive for U.S. offshore outsourcing to India.


Definitions:

Hedonism

A philosophical theory or approach that argues pleasure and happiness are the primary or most important goals of human life.

Ethical Foundation

The set of moral principles and values that underpin the behavior, practices, and decision-making process of an individual or organization.

Diversity

The inclusion of individuals from various backgrounds, perspectives, and experiences in a group or organization, enhancing creativity and problem-solving.

Organizational Culture

The set of shared beliefs, values, customs, and practices that determine how a company's employees interact and handle outside business transactions.

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