3 ms·
I don't think that is how these companies see themselves. For them they are just a source of cheap labor and the only reason a company would engage with them is
by yalogin 6y ago
I don't think that is how these companies see themselves. For them they are just a source of cheap labor and the only reason a company would engage with them is for their low cost. They think that the engineers and the talent is easily replaceable and they even think they do adequate work nothing earth shattering. So the company's only aim will be to out maneuver the other IT consulting companies by undercutting on price.
- nickff 6y agoYou're both describing a 'market for lemons'.[1] [1] https://en.wikipedia.org/wiki/The_Market_for_Lemons https://en.wikipedia.org/wiki/The_Market_for_Lemons
- ci5er 6y agoThank you for that article. I like to think that I keep up with what some call "Freakonomics" (not the book, but the concept), and I had never come across that succinct and well developed model. Again - thank you.