Outsourcing is big business. The industry is currently estimated to be worth hundreds of billions of dollars. Companies in countries with high costs will outsource some of their processes in countries where labor and materials are cheaper yet dependable.
But are there limits to what can or cannot be outsourced to another country? Can goods/ services of national and cultural importance be outsourced to foreign entities?
Those questions have been part of a hot topic recently in the Philippines. During the national costume presentation at the Miss Universe pageant in Doral Forida, Miss Phlippines, Mary Jean Lastimosa, wore a national costume that drew mostly negative comments on the internet.
Some compared her dress to a wedding cake. Some compared her outfit to a multi-flavored ice cream combo. Some compared her outfit to a float filled with flowers. On a more serious note, many questioned the relevance of her outfit to Filipino culture. Continue reading Outsourcing Gone Too Far? The Miss Philippines National Costume Drama
Finance, M.D. thefinancemd.com 