UoPX Reflect on the changes in US question

Description

Course Objectives: Students will apply international business theories and concepts to a various multinational organization.

Questions:

Reflect on the changes in U.S. manufacturing over the last half century. Why did the United States lose so many jobs?

What impact did that job loss have on the U.S. economy and on the economies of countries like China and Mexico that have been the recipients of outsourced U.S. jobs?

Using Porter’s Diamond of Competitive Advantage, explain U.S. manufacturing today, and how it could change in the next five to ten years. Consider the role of government in the success of the sector and the future competitiveness of a nation.
Instructions:
Review the below resources:

How Many Manufacturing Jobs Can U.S. Realistically Maintain? 12min Video

Forty Years of falling Manufacturing Employment

Manufacturing employment hard hit during the 2007-2009 recession

The fall of employment in the manufacturing sector

Mexico vs. China Manufacturing: How the Two Countries Compare

The real reason manufacturing jobs are disappearing 12min Video

Explanation & Answer:

4 pages

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