|Cloud, Digital, SaaS, Enterprise 2.0, Enterprise Software, CIO, Social Media, Mobility, Trends, Markets, Thoughts, Technologies, Outsourcing|
Linkedin Facebook Twitter Google Profile
Monday, June 20, 2005
(Via NYTimes) Globalization is often viewed as a rootless process of constantly moving jobs to low-wage countries. But the issue is more complex, there is a relatively new form of globalization that emphasizes first-rate centers of production and design in various countries - including the United States.Whirpool is the biggest exporter of German-made washing machines to the United States? Never mind the higher labor cost - $32 an hour, including benefits, versus $23 in the United States. The necessary technology existed in Germany when Whirlpool decided to sell front-loading washers to Americans.
Category :Globalisation |
|Sadagopan's Weblog on Emerging Technologies, Trends,Thoughts, Ideas & Cyberworld