Outsourcing Trends

The concept of cost cutting and profit maximization has given birth to the concept of outsourcing. The idea is very simple, to get the job done where labor is the cheapest. The idea is very simple and is extremely easy to materialize. One just needs to send the easy jobs to be done in some third world country where the work can be done efficiently at almost half the cost. Hence the third world countries like India are at the forefront of the outsourcing business today. There are a large number of unemployed educated youths who are willing to work at a very cheap rate determined by the capitalist class.