Lowering Productions Costs by Outsourcing

I am employed by the power tool division of the Black and Decker Company. Black & Decker is a global manufacturer and marketer of quality power tools and accessories, hardware and home improvement products, and technology-based fastening systems. Our products and services are marketed in more than 100 countries, and we have manufacturing operations in eleven countries.

One of Black & Decker's objectives is to establish itself as the preeminent global manufacturer and marketer of power tools and accessories, hardware and home improvement products, and technology-based fastening systems. Black and Decker is best known for the manufacture of power tools. The company's small appliance and housewares products are also well known in the marketplace. Black and Decker manufacturers several power tools that appeal to different market segments. For example, some units are cordless and tend to appeal the professional tradesmen as well as serious do-it-yourself homeowners. Black and Decker also manufactures low end products for consumers that are not as powerful or as reliable as its industrial products.

The Power Tools and Accessories segment manufactures and markets consumer power tools, accessories, electric lawn and garden tools, and electric cleaning and lighting products. The Hardware and Home Improvement segment manufactures and markets security hardware products under the Kwikset, Baldwin and Weiser brands; along with genera

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ong writing in Fortune (2004), in the last decade China has emerged as one of the most powerful forces in the global economy. The authors write that China is in the early stages of one of the greatest industrial revolutions in world history. China has attracted in hundreds of billions of dollars in foreign investment from multi-national companies eager to accomplish two goals: (1) to tap China's vast pool of cheap labor and (2) to secure positions in its rapidly increasing domestic market within China. There are certain drawbacks to foreign direct investment in China including a certain amount of political uncertainty, a large and complex government bureaucracy, and certain infrastructure deficiencies. Nevertheless, many U.S. companies believe that China is an excellent choice for foreign direct investment (Chandler et al, 2004). (A) Why choose China? According to Edward M. Graham and Erika Wada in an essay published online on the Institute for International Economics website, by almost all accounts, foreign direct investment (FDI) in China has been one of the major success stories of the past ten years. Starting from a base of less than $19 billion in 1990, FDI in China rose to over $300 billion at the end of 1999. Ranked
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Some common words found in the essay are:
Black Decker, FDI China, China Chinese, Zhang Dahong, Selecting LDC, Act FCPA, Economics Politics, Direct Investment, Kearney Inc, Summary Company, black decker, direct investment, foreign direct investment, foreign direct, fdi china, retrieved nov, power tools, web site, joint ventures, hardware home improvement, home improvement, hardware home, power tools accessories, home improvement products, retrieved nov 25,
Approximate Word count = 2345
Approximate Pages = 9 (250 words per page)