In some industries, particularly labor-intensive ones, the only way to achieve competitive costs is to manufacture in a country where
A) human resources are low.
B) labor costs are low.
C) labor costs are high.
D) the demand for laborers is high.
E) organizations are highly centralized.

Question

In some industries, particularly labor-intensive ones, the only way to achieve competitive costs is to manufacture in a country where
A) human resources are low.
B) labor costs are low.
C) labor costs are high.
D) the  demand for laborers is high.
E) organizations are highly centralized.

Quizplus · Accepted Answer

Manufacturing in a country where labor costs are low can significantly reduce overall production costs in labor-intensive industries, making the products more competitively priced in the market.

In Some Industries, Particularly Labor-Intensive Ones, the Only Way to Achieve