Supply Chain Management

Category - Global Management

Many Western businesses have moved their manufacturing to Asian countries. This is due to:
  1. An increase in skilled workers.
  2. Better production.
  3. Cheaper labor costs.
  4. New techniques.
Explanation
Answer: C - Due to lower cost of workers, many Western businesses have moved their manufacturing to Asian countries. Because Asian countries are mostly underdeveloped or developing countries, they have cheap labor to offer due to unemployment and unskilled workers. Cutting labor costs attracts Western business to move to Asian countries because their total costs decrease drastically.
Was this helpful? Upvote!
Login to contribute your own answer or details

Top questions

Related questions

Most popular on PracticeQuiz