(Answer) Impact of Globalisation on Employment

Directions

In the past 20-30 years, US has lost a great number of jobs. it can be explained by Globalization, moving of manufacturing jobs to Asia, even service jobs like Call Center to first India and now Phillipines. But the most important impact is the advancement of IT that provide significant productivity gains by organizations. So what do you think will happen to US in that sense as we move on in IT for the next 20 years?

I want to show you a way to measure organizational productivity. think about revenue per employee, it tells a lot. of course some of that is due to the type of business, but it can tell you how much they can pay employees etc.

Solution

Impact of Information Technology on Employment

The exponential growth of the use of information technology (IT) in various industries is the leading propagator of job losses in the United States. Today, IT is facilitating the emergence of new E-business models, save on operational costs, and improve the quantity and quality of production and also increase competition in the economy. Consequently, people are losing jobs, more so, those employed to conduct menial and recurrent tasks. In the coming 20 years,……………………………..To access the rest of the solution for $5, please click on the purchase button.