It creates jobs there, plus the skills that go with the jobs.
The primary effect of outsourcing on a developing nation is often the creation of jobs, which can lead to economic growth and improved living standards. However, this can also result in challenges such as job insecurity and exploitation, as workers may face low wages and poor working conditions. Additionally, reliance on foreign companies can hinder the development of local industries and skills. Overall, while outsourcing can provide immediate economic benefits, it can also perpetuate dependency and inequality.
industry :) thx
advertising is a sub system of economic system of nation. advertising in the developing countries like india, plays an important role in economy. Advertising has various positive and negative economic aspects. POSITIVE ASPECTS A) Effect on costs 1. Effect on production cost 2. Effect on distribution cost 3. Effect on prices B)Effect on demand C)Effect on Competition D)Effect on consumer choice E)Effect on Business cycles F)Effect on Nation income G)Effect on Employment Positive Social Effects 1. Information 2. Material Utilities 3. Production 4. Consumption 5. Socio-Economic Welfare
yes when mating
give answers
unemployment
Developing
A developing nation.
developing nation african countries are still developing
When companies outsource to developing nations, their communities benefit. They will eventually see their economy pick up because of the influx of money.
Jordan is a developing nation.
The primary effect of outsourcing on a developing nation is often the creation of jobs, which can lead to economic growth and improved living standards. However, this can also result in challenges such as job insecurity and exploitation, as workers may face low wages and poor working conditions. Additionally, reliance on foreign companies can hinder the development of local industries and skills. Overall, while outsourcing can provide immediate economic benefits, it can also perpetuate dependency and inequality.
no it is not, its a developing nation.
Lebanon is a developed nation.
Greece is a developed nation
Yes
developing country