Outsourcing and Reshoring Concepts

The video discusses the trend of reshoring in North America, where jobs are returning to the U.S. due to a desire for American jobs. Companies like GE are investing in local labor forces, such as in Detroit, Michigan. The concept of blended delivery is introduced, which combines local and offshore resources, moving away from traditional outsourcing models.

What term is used to describe the trend of bringing jobs back to North America?

• Nearshoring

• Offshoring

• Reshoring

• Outsourcing

Which country is credited with starting the outsourcing movement?

• China

• United States

• India

• Canada

What recent action did GE take to support the American labor force?

• Hiring more offshore workers

• Closing factories in Michigan

• Building a plant in Detroit

• Outsourcing jobs to India

Why is Detroit, Michigan, considered a strategic location for GE's new plant?

• High talent in the auto industry

• Proximity to the ocean

• Low talent availability

• High cost of resources

What does the 'blended delivery' model involve?

• Using only local resources

• Outsourcing all work to partners

• Using only offshore resources

• Combining local and offshore resources

How does blended delivery differ from traditional outsourcing?

• It completely outsources to a partner

• It involves only local resources

• It involves only offshore resources

• It combines local and offshore resources