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INTRODUCTION
Clarendon Street Consultants (CSC) is a long-standing consulting firm based in Chicago. With a history of operations spanning more than forty years, our firm has established a faithful client base, which it serves through five privately-owned offices. The firm has recently been confronted with the controversial issue of outsourcing American jobs.
Proponents of the measures claim that the outsourcing of labor is beneficial for Americans in terms of cost savings for corporations and the creation of better-paying jobs for workers. Those that oppose these measures point out the loss of American jobs at the expense of low income households, as well as a greater dependence on other countries.
CSC has decided to examine the issues of outsourcing American labor from a bilateral perspective?the firm will analyze the issue based on its positive impact on profitability and American society. The firm wishes to form its own conclusion based on available information. This conclusion will help CSC in its own future outsourcing-related issues, and will guide the advice given to clients on the subject. A recent article on the subject of outsourcing from Business Today proved useful in our analysis.
In the article, author Max P. Michaels heavily favors outsourcing. Michaels, who is a member of the India Business Council, gave a few valid arguments supporting the use of outsourcing in the U.S. However, in order to get a clearer picture of these arguments, I found it useful to analyze the article itself and the arguments in favor of such a position.
ARGUMENT
In his article, Max P. Michaels concludes that "Offshoring is Good for A ...