Source of Outsourcing
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This document discusses outsourcing and its impacts. It begins with an anecdote from 2014 where an auditor's job was outsourced to India after he trained his replacement. He expresses nervousness about his financial future and other jobs following the same path. The document then discusses both the pros and cons of outsourcing for the US and foreign countries. It notes outsourcing can reduce costs but also lead to job losses domestically and increase inequality abroad due to poor working conditions. Photos show the physical impacts of poverty on one woman's life and job as a garbage collector in India.
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This document provides homework instructions asking students to choose a current event topic, find two different perspectives on that event from online sources, print and attach both sources, and answer questions about the differing viewpoints in complete sentences. Students are being asked to act as super sleuths and examine how one event is portrayed differently by different media sources.
Lesson 3 the dawn of democracy
This document provides an overview of the origins and early forms of democracy. It explains that democracy emerged as an alternative to absolute rule by kings and other rulers. Ancient Greece practiced a limited direct democracy where citizens participated directly in councils, while Ancient Rome preferred an indirect republican democracy where citizens ruled through elected representatives, similar to the modern US system. The document also discusses Greco-Roman and Judeo-Christian views that influenced concepts of democracy, such as citizens participating in government, using reason over superstition, and having written laws and separated branches of power.
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Lesson 2 bias in history
This document provides discussion prompts on topics related to bias and critical thinking about media sources of information. It includes prompts for creating a poem about prejudice, reflecting on how one's view of media might change after researching bias, and how to bring awareness to bias in media at school and in the community. Students are also assigned a homework task to find two different perspectives on a current event in the news.
Final jeopardy duke
This document contains questions from a Jeopardy-style game covering various economic concepts and terms. It includes categories such as economic concepts, economic systems, measuring economic performance, supply and demand, fiscal policy, monetary policy, banking, and random economic topics. Players were tested on their knowledge of key ideas including factors of production, opportunity cost, GDP, inflation, fiscal and monetary policy tools, banking activities like interest on loans, and more.
Lesson 5 comparative & absolute advantage - power point - duke
1) Thalia has an absolute advantage in both English problems and math problems as she can complete them faster than Chase.
2) However, Thalia has a comparative advantage in math problems while Chase has a comparative advantage in English problems due to their opportunity costs.
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The document discusses the concept of free trade and its benefits, including that it allows countries and individuals to specialize in what they produce most efficiently and trade with others, which can lower costs. However, free trade may also negatively impact some groups by moving jobs to other countries and potentially exacerbating inequality and environmental issues in some less developed nations. The document explores both sides of this issue through examples, rules for a trading simulation, and discussion of how free trade impacts different groups.
Lesson plan 4 free trade - duke
This document outlines a lesson plan on international trade and the global economy. The goals are for students to understand consumption, production, and trade; collaborate to understand free markets; and convey their understanding in writing. The lesson will use a simulation where students trade items between each other in rounds with different trading partners to demonstrate how free trade increases satisfaction and the number of trades compared to restricted trade. Students will analyze the results and discuss how free trade influences global economic activity.
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The document discusses different types of business organizations including sole proprietorships, partnerships, corporations, and franchises. A sole proprietorship is a business owned and managed by a single individual and makes up 75% of all businesses but only 6% of sales. Partnerships are owned by two or more individuals and make up 7% of businesses and 5% of sales. Corporations are legal entities owned by stockholders, make up 20% of businesses, and 90% of all sales. Franchises pay fees to a parent company for the exclusive right to sell a certain product in an area. The document compares the positives and negatives of each type of organization and discusses factors like liability, taxes, regulations, and control. It also
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Lesson 5 Banking - PowerPoint - Duke
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This document discusses different market structures and concepts related to competition and market power. It defines market power as the influence a buyer or seller can exert over price. It then describes different market structures including perfect competition, monopolistic competition, oligopoly, and monopoly. For each structure it provides examples of industries that operate within that structure and key characteristics such as number of firms, barriers to entry, and firms' ability to influence price. The document also discusses how oligopolies can grow legally and provides examples of conglomerate firms. Finally, it briefly discusses antitrust laws and price discrimination as a way for monopolists to maximize profits.
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Source of Outsourcing
- 2. Why? Why did these big (horrible) companies move their call centers?
- 3. OUTSOURCING!
- 4. Outsourcing is when a business transfers work outside of the United States to foreign countries. • Reduce Costs • Innovation • Improve Quality
- 5. Whose Getting the Jobs?
- 6. Why is it Bad? U.S: • Loss of Domestic Jobs • Dependency on Other Nations Foreign Country: • Increases Income Inequality • Poor Working Conditions • Increase Corruption
- 7. After I Trained My Replacement, My Job was Outsourced to India – 2014. “Earlier this year my boss, the director of finance, told me that because of economic conditions, my position as an auditor was to be outsourced to a company based in India. I was given a schedule of how my work would be transitioned and told that I would train an employee from the outsourcing company. I trained the outsourcing employees and started the transition in March, but I still had to answer their questions and frequently correct errors. The transition is far behind schedule. I spoke with the director of human resources about my status in June and he said he was not aware of my situation. After another meeting with my boss, he told me that I would have another month. I will be outsourced by the end of this year so the company can save money. The thought of being outsourced is nerve-racking. Finances are a constant worry, and I feel as though future jobs will do the same. I worked for this job for over 13 years, and this is the end result…” How Does He Feel...
- 8. Why is it Good? US: • Low Cost of Goods • More Goods In & Out of the Country • Efficiency Foreign Country: • Creates Jobs in their Country for the Unskilled • Standard of Living Increases • Social Equality • More Goods In & Out of the Country
- 9. What Do they Experience... Photo 1: January 2010 Photo 2: October 2012 The impact of Shobha’s poverty on her physical wellbeing is clear. The impact on her job (garbage collector) is clear too. She signs in for an eight-hour shift at 6:30 a.m. But long before that she joins a queue of people to draw water from a public tap. … her room doesn’t have electricity, so to keep from stifling, she leaves the door open. Fear of intruders keeps her awake.
- 12. Political Cartoon... On a piece of paper, create your own political cartoon. It can have as many frames as you like but you must include the following… • It must include the word, “outsourcing.” • A clear stance on outsourcing. • (i.e. It’s good/bad for U.S. or it’s good/bad for the foreign nation of your choice). • A written explanation of your cartoon, and your opinion on outsourcing.