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Why does globalization give countries an incentive to reduce wages or their workers?
Lower production costs help lure foreign
Globalization strives to reduce costs by pooling production or other activities or exploiting factor costs or capabilities within a system?
true
Why does globalization give countries an incentive to reduce wages their workers?
Lower production costs help lure foreign investment--apex
How can company increase revenue?
Reduce cost production
When waste and production by-products are reduced what is a likely effect?
expenses are reduce
Does globalization reduce national sovereignty in economic policy-making?
No, globalization does not reduce national sovereignty in economic policy making. In fact, globalization has been shown to strengthen incentives for governments to create a stronger economy.
How did Alston Correll change the company's focus and reduce debt?
Correll began selling off many of the company's building-products businesses.
How has globalization impacted businesses, and can you provide specific examples of how businesses have adapted to the challenges and opportunities presented by globalization?
Globalization has significantly impacted businesses by increasing competition, expanding markets, and enabling access to global resources. Businesses have adapted by implementing strategies such as outsourcing production to lower-cost countries, utilizing technology for remote work and communication, and diversifying their product offerings to cater to diverse markets. For example, multinational corporations like Apple have established supply chains in multiple countries to reduce costs and reach a wider customer base, while companies like Amazon have leveraged e-commerce platforms to sell products globally.
Why does globalization give countries an incentive to reduce wages or their workers?
Lower production costs help lure foreign
Why does globalization give countries an incentive to reduce wages for workers?
Lower production costs help lure foreign investment.
What is dried?
HYPER-DRI is the Iontophoresis device to reduce the effects of Hyperhidrosis (sewating Hands and Feet). The complete line of HYPER-DRI products is available thru TEKWAVES technical products and services company.
What items can one purchase from Puristat?
The Puristat company is involved in selling products to improve the digestive health of the population. Available products include those to cleanse the colon, detox the liver, reduce flatulence and deal with intestinal parasites.
Globalization strives to reduce costs by pooling production or other activities or exploiting factor costs or capabilities within a system?
true
Why does globalization give countries an incentive to reduce wages their workers?
Lower production costs help lure foreign investment--apex
How does sharing peripheral devices reduce costs for a company?
Network allows for the sharing of devices and can reduce costs for a company.
What would be an example of indirect competition for a phone case company?
An example of indirect competition for a phone case company could be companies that offer alternative protective accessories, such as screen protectors or phone insurance plans. These products serve a similar purpose of safeguarding devices, albeit in different ways. Additionally, lifestyle brands that promote durable or rugged phones could also be considered indirect competition, as they may reduce the perceived need for a phone case.
What is hyper dri?
HYPER-DRI is the Iontophoresis device to reduce the effects of Hyperhidrosis (sewating Hands and Feet). The complete line of HYPER-DRI products is available thru TEKWAVES technical products and services company.
