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Topic: |
Business
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Number of pages / Number of words: |
7 / 1740 |
Essay's paper body
They concentrated for profits earned in the long run. They knew that since wages are low the cost involved in this can be transferred to increasing the production, charge a low price and maximize sales revenue.(11) They made tie-ups with local companies which helped them to study more about doing business in China...
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Most of the jobs that were outsourced were unskilled jobs which demanded low wage rates while the skilled jobs still remained here.
The wage rate compared to the US Dollars is very low in Countries. For example the average salary of a software programmer in US is about $60,000 to $80,000 while that of India is just $5,880 to $11,000 (Kansancityfed...
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