Azucks is a socially responsible American company engaged in the manufacture of sports shoes.The CEO cautions that there is a disadvantage associated with the company planning increased globalization of production.Which of the following is the MOST likely disadvantage he is referring to?

Question

Quizplus · Accepted Answer

A)Developed countries usually have higher labor costs than developing countries, so some companies will choose to outsource production to a developing country in order to lower costs. This results in the loss of jobs in the developed countries where the goods were originally produced.

Azucks Is a Socially Responsible American Company Engaged in the Manufacture