is just to ship all their employees overseas. instead of being innovative and creating products that the consumer wants. yep, thats all it takes, yet management always thinks the way to success is to cut cost. well, hows that been working out for everyone since 2000 when everyone starting shipping jobs overseas. everyone has the same costs, creativity has gone out the window, and the stock market has basically done nothing.
Many companies have opened factories overseas (e.g. China) to make the product closer to the consumer, with customized packaging, etc. Some countries mandate such moves.
Until U.S. labor costs come more in line with global competition - another reason for shifting jobs overseas - no company can afford to produce a high cost product and try to compete with lower-cost products in many of these countries and survive. Welcome to the new global marketplace.