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Outsource or Perish: Outsourcing in Mainstream America
It is this dedication to the sensitivity of learning the other cultures not just to make a profit, but to continue the success of the company when expanding to global environments. Whether a business is opening an outlet in another country to sell its goods, or if it is outsourcing is production of goods to sell to markets in the US, "outsourcing leads to enormous savings. It made the Citigroup richer by $35 billion during the last five years, catapulting it to the position of the world's most profitable company. GE too raked in $340 million a year thanks to outsourcing in India" [Raghaven]. It is critical for any business to change its management philosophy from the familiar corporate culture that has grown within the company in the United States, to accepting less familiar, but accepted practices of different cultures. …
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