Problem
e-activity
Watch the video titled "Business of offshoring and outsourcing" (5 min 26 s). Be prepared to discuss.
https://www.youtube.com/watch?feature=player_detailpage&v=dZlcbGNC_3g.
From the e-Activity, determine the fundamental advantages and disadvantages of business outsourcing. Next, compare them to the main advantages and disadvantages of using domestic capabilities and resources in producing goods and services. Provide an example of a situation or scenario when each of these would be used.
Debate whether or not the theory of national competitive advantage of industries applies to emerging or developing economies. Include one example of the theory's application to support your position.