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Why do businesses leave go to other countries to hire cheaper help?
Wiki User
∙ 16y ago
Payroll is usually one of the largest expenses that a company has. If you can hire lesser expensive workers and still produce the same quality of goods, you have reduced your expenses and therefore increased your profits. And businesses are in business to make profits.
Wiki User
∙ 16y ago
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When did businesses leave usa for other nations?
Businesses did not leave the USA for other nations.
What are the advantages and disadvantages of multinational businesses to other countries?
There are a few Advantages are also associated with multinational businesses - The investment level, employment level, and income level of the other countries increases due to the - operation. - The domestic traders and market intermediaries of the other countries gets increased business from the operation. There are a few Disadvantages are also associated with multinational businesses - Their profits out of the other countries in Dollars that causes a reduction in foreign reserves for other countries - Increase the dependence of the other countries on their parent countries that may affect the foreign policy of other countries.
Why do businesses import from other countries?
Businesses may import from other countries due to either of the below reasons 1. Due to short supply of those items from the local market 2. Due to cheaper prices of the same items in other countries 3. Due to items not being available in their own country 4. As a means to create relationships with other businesses/countries 5. The main headquarters/warehouses could be in other countries 6. Due to better quality of products 7. If it's a cultural type of business, they may import as a means to make it more cultural 8. If it's based on a type of cuisine, they may import to make it as close to the cuisine as they can
Why do upjohns only come from other countries?
cheaper wages of workers
What president assisted private businesses in other countries?
Herbert Hoover
How did European countries react to the shortage of cotton during the Civil War?
They found out that other producing countries such as india and other countries sold cheaper cotton.
What is meant by the term global marketplace?
It means that businesses are trading with other countries.
Why have businesses and people from other countries or parts of the US migrated to the south?
Caca
Why are Suzuki cars so cheap?
Suzuki, as well as other brands of imported cars, are cheap because they are mostly manufactured in other countries. These countries don't have the same labor laws as we do, so the labor is cheaper resulting in the cheaper price.
Why do multinational companies exist?
Multinational companies exist so they do businesses with other countries. Multinational countries follows the law and regulations of the countries they work with.
Are products made in other countries cheaper than those made in the US?
Hell yeah
Why is health insurance so expensive in the US?
Actually for the care you get it is cheaper than other countries
