Economic Issue Assignment Example | Topics and Well Written Essays - 250 words

Economic Issue - Assignment Example In other words, as competition increases in the market, the cost of labor becomes of essence. Considering that the discriminatory employers would go for particular employees who necessarily do not guarantee the least cost of labor, the result is that their business is likely to have higher labor costs as compared to businesses of non-discriminatory employers. Eventually, labor discrimination will decline as business which discriminate find it hard to operate in a competitive market where cost of labor plays a critical role. Employer discrimination may still persist despite efforts to break down barriers and introduce competition for two main reasons. First, it is almost impractical to create perfectly competitive markets. This is based evidenced by the decade long continuity of labor market discrimination in high-income countries. As regards to developing counties, monopolistic power is quite of essence, which permits indulgence in market discrimination. Secondly, even though competition lives on in virtually all markets, it is not by itself a sufficient reason for the elimination of discrimination. Therefore, market discrimination in a competitive market will still exists as long as all the employers have a taste for

In-House Versus Outsourcing Approaches Essay Example | Topics and Well Written Essays - 1250 words

In-House Versus Outsourcing Approaches - Essay Example However, Kamarazaly (2007, p.4) argues that decisions on choosing between outsourcing and in-house should not be based solely on financial evaluation.Comparison of In-House and Outsourcing Approaches Nxt is involved in the business of delivering parcels and it consists of two companies with NXT Services specializing in non-secure items while Nxt Secure deals with secure items. Moreover, the organization sub-contracts other courier companies to deliver 75 percent of all items at a fixed charge. Upon delivery, courier companies have to give feedback to Nxt which in turn scans the feedback to the customer to confirm the delivery. Presently, the company is facing several hurdles in its operations which can be rectified innovation and implementation of modern information technology systems. Nxt currently relies on externally sourced PostCode Address File, hand signed documents upon delivery of items and the driver's information to know the exact place that they are. This has led to variou s problems such as delayed delivery of items, drivers diverting from the route thereby increasing the operational cost and the hand signatures delay the confirmation of delivery. As noted by Zizakovic (2004, p.1), there comes a time when the present process cannot continue for long and the available system starts to show some weakness signals the time for making a decision to build a new system, consequently, the organization has to decide whether to build it in-house or outsource. Nxt has come to this point; the organization has a project support office that can lead the way in building a new system or they can source from a third party. Nxt wants to implement a GPS system that will monitor and relay back information on the exact position of the vehicle in real time. The telemetry system allows the sharing of information and will relay to the hub data on stoppage of the vehicles, detect any problems in the route and thereby facilitate the making of decisions and also improve the se curity of the driver when traveling alone. Moreover, the company is also contemplating investing in PDAs which will help customers to electronically sign on receipt of items thereby dealing with the problem of delayed signatures which are used to monitor performance. PDAs if adopted will also help in identifying new markets and save time used in the delivery. Despite the great potential that implementation of these technologies will have in streamlining the operations of Nxt; the organizations face financial constraints and the fact that it has never been involved in the implementation of such a huge project.