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With the advent of globalization, countries who are in disadvantageous position, are rushing to markets where cheap labor is available, to have their products competitive. Even President Barrack Obama had to warn the U.S. Companies against their business process outsourcing to India, to get rid of high labor cost in U.S. and threatened to impose tax on them. Thus, in globalization only the cost factor is primary and the plight of labor force whether domestic or in alien country is secondary.
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What are five factors that affect the labor market?
no
What is the globalization of market?
The benefits derived while doing trade worldwidely.
What are the major drivers of globalization?
There are many factors that drive globalization. The major drivers of globalization include: market, cost, environment, and competition.
What is a good example of a trigger event A. globalization B. shifts in labor market C. deregulations D. mergers and acquisitions E. all of the above?
E all the above 100%
How does discrimination in the labor market affect the economy?
White people are less likely to employ black people if they are racist against them. Witch means not as many people are employed for labor, since blacks are being discriminated against. The cost goes up for labor since it would only be white people working. That's how discrimination can affect the labor market. Hope that helped!
What are five factors that affect the labor market?
no
What is the globalization of market?
The benefits derived while doing trade worldwidely.
How does globalization affect your daily life?
how the globalization and internet affect your daily life
What has the author Robert J Flanagan written?
Robert J. Flanagan has written: 'NAFTA and competitive adjustments in North American labour markets =' -- subject(s): Canada, Canada. 1992 Oct. 7., Labor costs, Labor market 'Labor relations and the litigation explosion' -- subject(s): Industrial relations, Labor laws and legislation, Droit, Relations industrielles, Travail 'Globalization and labor conditions' -- subject(s): Economic aspects, Economic aspects of Globalization, Employee rights, Foreign trade and employment, Globalization, Industrial welfare, International Labor laws and legislation, Labor, Labor policy
What affects globalization?
Market regulations.
What are the major drivers of globalization?
There are many factors that drive globalization. The major drivers of globalization include: market, cost, environment, and competition.
What factors affect the globalization of an business?
Various factors can affect the globalization of a business. For example, cultural factors may affect how viable a product is in a certain location.
What is the market cap for India Globalization Capital Inc IGC?
As of July 2014, the market cap for India Globalization Capital Inc. (IGC) is $13,314,494.70
Which of the following is one effect that globalization has had on the labor market in the United States?
The question is incomplete. There are no options given (for "which of the following") to answer this question.
What is a good example of a trigger event A. globalization B. shifts in labor market C. deregulations D. mergers and acquisitions E. all of the above?
E all the above 100%
How does discrimination in the labor market affect the economy?
White people are less likely to employ black people if they are racist against them. Witch means not as many people are employed for labor, since blacks are being discriminated against. The cost goes up for labor since it would only be white people working. That's how discrimination can affect the labor market. Hope that helped!
What is an example of a factor market?
Labor Market
