In labor-intensive industries, the most serious threat faced by low-cost competitors is ________.
A) increased use of technology
B) increased public awareness of questionable labor practices
C) increased product efficiency
D) increased competition

Question

Quizplus · Accepted Answer

Low-cost competitors in labor-intensive industries often rely on questionable labor practices such as paying low wages and providing poor working conditions. As public awareness and concern over ethical practices increase, these competitors may face backlash and a loss of customers. Therefore, increased public awareness of questionable labor practices is the most serious threat they face.

In Labor-Intensive Industries, the Most Serious Threat Faced by Low-Cost