China IT Outsourcing Analysis

Submitted By tee1984
Words: 637
Pages: 3
Open Document
China IT Outsourcing Analysis Essay
.
China is in the news again with concerns about experiencing being cyber- espionage programs ran there. The reports are placing concerns to many the United States companies that specialize in information technology. China’s reputation for security may have been marred by recent U.S. accusations of state-sponsored hacking (Michael Kan, IDG News Service, 2013). If the reputation of the country have been marred, companies should focus on making sure that there is no access or information provided for hackers to obtain and leak. There are so many companies concerned that their information would be compromised by the hackers from these plants located in China but will still conduct business with China to bring revenue to the country. With China’s plan to create substantial outsourcing industry, the extent of the security risks of working in the country (Thibodeau, Patrick; Vijayan, Jaikumar, 2013). China is a country that cannot be trusted concerning the IT industry.
Although China is one of the most leading countries in the industry of IT, Retail, and many other manufacturers, the country can lose its revenues it no other countries is willing to work with them because of the security risks they presented. There have been several reports from the White House that display the security risks companies can experience when doing business with China, but there are still businesses that take the risk just to have success in their business. to protect businesses in the United States, the government need to enforce more protection from the countries that present these security risk. The United States have been always known to go in partnership with other countries try to and increase the revenue for the country, but by doing so puts the country is a higher risk of information being leaked and used against them. According to (Thibodeau, Vijayan 2013), Jimit Arora, a VP at business consultancy Everest Group, puts the value of China's IT and business process outsourcing market today in the $4 billion to $5 billion range. When figuring in the revenue being brought to the IT industry in China, some would question if any under the table things are being done. to protect the companies in the United States, one way to secure data is providing the best practices, such as securing information with security passwords. Companies should look into other ways of bringing their company to back to surface when they have a downfall in production. One thing that United States does is lean on other companies for support on gaining more revenue, but spend more just to get the other
Show More

Related Documents: China IT Outsourcing Analysis

Summary Of The Securities Exchange Act Of 1934

In 1934, the United States established the Securities and Exchange Commission to regulate the trading of stocks, commodities bonds and other types of securities, according to History. When the stock market crashed on Oct. 29, 1929, there was virtually no regulation or control on the issuing and trading of securities. Congress passed The Securities Exchange Act of 1934 establishing the SEC to regulate over-the-counter markets, stockbrokers and major market exchanges, explains History. The SEC monitored…

Words 200 - Pages 1

Persuasive Essay On Obamacare

The United States of America is one of the most powerful and stable nations in the world, yetstill has many issues to be dealt with; these issues include national security, healthcare, militaristic disputes, and environmental destruction. The matter of national security, in the United States of America, is taken very seriously but is at a must to be improved. Illegal immigrants have continued to rise and rise in numbers over the past few years. According to the 2005 Current Population Survey, the…

Words 780 - Pages 4

cvs profile Essay

Memorandum Date: October 9, 2013 To: From: Subject: Corporate Profile – CVS Caremark Company Profile The company profile for CVS Caremark has been prepared using the December 31, 2012, 10-K as accessed from the SEC Filings at the Securities Exchange Commissions website (www.Sec.gov). CVS Caremark is one of the largest pharmacy health care provider in the United States. The company was incorporated in Delaware. CVS Caremark is primarily deliver significant benefits to health plan sponsors…

Words 406 - Pages 2

FIN370 Week 1 Financial Term Definitions Essay

the relationship of money, time, and risk. Finance may deal with either personal or corporate issues; such as to how an individual or company acquires the money needed to perform a certain act. b. Efficient Market: When the information that investors need to make investment decisions is widely available, thoroughly analyzed, and regularly used, the result is an efficient market. c. Primary Market: The first group of investors to whom a new issue of a security is sold. The primary market consists…

Words 681 - Pages 3

International Finance Essay

another country's currency, we may purchase more of the foreign currency with a dollar. __T__ 4. The United States and most other major industrialized nations currently operate under a system of floating…

Words 2802 - Pages 12

It Security Essay

Computer security and Network Security is the means by which business and governments are protecting against computer intrusions and attack to prevent loss of data, information and provided services. Everything is now on computers, peoples whole lives are documented on computers. Big business and the government rely on technologies that use computers, whether it is used for storage, a medium between the customers and themselves or actual work. With all this information and data being stored, transferred…

Words 1957 - Pages 8

Essay about Moody’s Credit Ratings and the Subprime Mortgage Meltdown

varying degrees of risk. If any homeowners defaulted on their loans, the lowest tranches would absorb the losses first, and so on, up to the highest tranches. It was here that credit rating agencies such as Moody’s were asked to rate the creditworthiness of various tranches of the mortgage-backed securities. Moody’s charged more for rating structured financial products, considering their higher complexity. Credit ratings were extremely important to investors in mortgage-backed securities because these…

Words 3036 - Pages 13

Identity Theft Research Paper

Securing Your Identity Identity theft is on the rise in the United States and Globally. The Federal Trade Commission advised that there are about nine million cases of identity theft. People who had their identity stolen often feel like they were violated. Any individual can have their identity compromised in numerous ways. Different institutions store personal information. There are several organizations that have social security numbers, bank account numbers, and credit card numbers. Colleges…

Words 2699 - Pages 11

Financial Markets and Institutions Essay

Financial Markets and Institutions Dr. Marcus Crawford FIN 350 – Finance Markets and Institutions Financial Markets and Institutions Financial Market Role Financial market is a market in which people and entities can trade financial securities. There are general markets and specialized markets. There are several types of financial markets capital, commodity, money, derivatives, futures, and insurance and foreign exchange markets. These types of financial markets play an intricate part…

Words 1640 - Pages 7

Ebscohost Risk Analysis Paper

how the United States political environment affects Clipper Tie. The U.S. continues to show its power among the top countries in the world. Known for its long-standing democracy and political debates, the U.S. still attracts immigrants who seek citizenship and pursue of opportunities. According to EBSCOhost Risk Analysis, it ranks the United States political stability with a 1.50 score, 1 being the minimum risk and 5 being the maximum. This shows how small and almost non-important the risk is. Another…

Words 1018 - Pages 5