What factors determine where back office services will locate in LDCs?

Question

Quizplus · Accepted Answer

The main factor that determines where back office services are located in LDCs is low wage rates and workers who can speak English. English proficiency is important because most of the back office work involves communicating with clients in English-speaking countries. Additionally, many LDCs offer lower labor costs which makes it attractive for companies to outsource their back office work to these countries.

What Factors Determine Where Back Office Services Will Locate in LDCs