An manager who is considering reshoring from a country with

An manager who is considering reshoring from a country with low labor costs can make domestic production more cost effective through all of the following EXCEPT ________.

Solution

4. An manager who is considering reshoring from a country with low labor costs can make domestic production more cost effective through all of the following EXCEPT Employment generation in his own country.

He will be able to bring down the labor cost down but he cannot generate employment opportunities in his own country as in reshoring a company hires labors from a cheaper market of other countries. Eg USA hires employees from India and china.

An manager who is considering reshoring from a country with low labor costs can make domestic production more cost effective through all of the following EXCEPT

Get Help Now

Submit a Take Down Notice

Tutor
Tutor: Dr Jack
Most rated tutor on our site