The only way workers in industrialized countries can compete with their counterparts in the developing world will be through:
A) increased use of the cost leadership strategy.
B) increased diversity within the organization.
C) increased empowerment of employees.
D) increased productivity by using technologically-intensive manufacturing technologies.
E) increased flat organization structure.

Question

Quizplus · Accepted Answer

The only way workers in industrialized countries can compete with their counterparts in the developing world is by increasing their productivity. This can be achieved by using technologically-intensive manufacturing technologies that help in reducing costs and improving efficiency. This will enable them to produce goods and services at a lower cost and remain competitive in the global marketplace.

The Only Way Workers in Industrialized Countries Can Compete with Their