Due to the growth of the Internet, the cost of labor is no longer an important consideration in location decisions of business firms.

Question

Quizplus · Accepted Answer

While the Internet has made it easier for businesses to outsource and automate certain tasks, the cost of labor is still a crucial factor in location decisions. Other factors such as access to markets, infrastructure, and local regulations also play a role.

Due to the Growth of the Internet, the Cost of Labor