Issue about global business Essay Example | Topics and Well Written Essays - 250 words

Issue about global business - Essay Example Under such circumstances, outsourcing the manufacturing operations to the emerging economies is bound to take a toll of the American moral. The business class in America can readily create a large number of jobs in the country by basing their manufacturing operations in America only. This will not only provide the much needed jobs to the people who actually need them, but will further strengthen the American economy by increasing the purchasing power of the American consumers. This will also curtail a large number of social and psychological issues like addiction, substance abuse and depression, going by the fact that people will be able to channelize their energy in the jobs that are readily available. Hence the American corporations cannot be allowed to ship away jobs in the name of enhancing profitability and assuring commercial viability. Corporations do have a responsibility towards the society in which they operate and do