In the Philippines, offshore business process outsourcing is expected to yield a 7.8 percent annual growth in full-time employees this year until 2022 and is being seen as the new primary source of dollar income for the county, exceeding those coming from OFWs. Using Porter's diamond framework for national competitiveness, explain the success of this industry. Factor Conditions Demand Conditions Domestic Rivalry Related and Supporting Industries
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In the Philippines, offshore business process outsourcing is expected to yield a 7.8 percent annual growth in full-time employees this year until 2022 and is being seen as the new primary source of dollar income for the county, exceeding those coming from OFWs.
Using Porter's diamond framework for national competitiveness, explain the success of this industry.
- Factor Conditions
- Demand Conditions
- Domestic Rivalry
- Related and Supporting Industries
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