Which of the following refers to when companies seek to maximize profits by chasing opportunities to locate wherever conditions are most likely to result in the lowest costs?

Question

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The term "race to the bottom" refers to the phenomenon where companies seek to maximize profits by chasing opportunities to locate wherever conditions are most likely to result in the lowest costs, including labor costs, environmental standards, and taxes. This can lead to a downward spiral in standards and working conditions, as companies seek to cut costs to remain competitive.

Which of the Following Refers to When Companies Seek to Maximize