Global Sourcing Debate (Scenario)
Prof. Sean Peterson's class of international business has been studying the controversies surrounding global sourcing. Prof. Peterson divided the class into two groups, A and B. Group A was assigned the task of defending global sourcing, whereas Group B was assigned the task of arguing against global sourcing.
-The concept of creative destruction can be reasonably used by Group A to support the view that ________.
A) firms that engage in offshoring are more likely than not to fail in the long run
B) offshoring forces unskilled workers to seek additional education
C) global sourcing creates opportunities and stimulates innovation
D) outsourcing technical jobs leads to brain drain

Question

Quizplus · Accepted Answer

Creative destruction, a concept in economics, suggests that old ways of doing things are destroyed and replaced by new, innovative ways, leading to progress and economic growth. Group A can argue that global sourcing fits into this framework by creating opportunities and stimulating innovation in the global market.