Global technologies,such as electronics,have made up a significant portion of the recent wave of manufacturing offshoring.

Question

Quizplus · Accepted Answer

This statement is true. Global technologies, such as electronics, have definitely contributed to the recent trend of manufacturing offshoring. Companies are moving their production facilities to countries where labor costs and other expenses are lower, in order to remain competitive and increase profits. This has resulted in the creation of many new manufacturing jobs in developing countries, but it has also led to job losses in developed countries like the United States and those in Europe. The use of technology has made it easier to communicate and manage global supply chains, which has further facilitated manufacturing offshoring.

Global Technologies,such as Electronics,have Made Up a Significant Portion of the Recent