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mickey

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1y ago

employing workers in other countries to save on labor costs

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Q: Which of the following best describes the effort of outsourcing on the labor market in the US?
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Which of following best describes the effect of outsourcing on the labor market in the US?

Competition for jobs increases and wages go down


What describes the effect of outsourcing on the labor market in the United States?

Competition for jobs increases and wages go down.


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A bull market.


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The following statement best describes the relationship between competition and a free market system: Competition increases within a free market system.


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China has benefited in several ways from outsourcing. Their job market has increased along with a strong boost in the economy.


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The number of shares is multiplied by the price of each share


What are the types of outsourcing?

Outsource Technical Support Outsource Customer Support Help Desk Outsourcing Website Development Outsourcing Global Software Outsourcing Outsourcing Back Office Outsourcing Data Entry Chat Support Services Email Support Outsourcing Outbound Call Center Information Technology Outsourcing Human Resources Outsourcing Services Finance BPO Knowledge Process Outsourcing Consumer Market Research Legal Process Outsourcing


Which of the following terms describes a situation in which a single corporation lacks competition and controls the market for a certain product?

monopoly


Which of the following terms best describes an economy in which producers of goods and services react to consumer choices?

market economy


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