The cost of labor is a major factor in the business decisions to businesses from this country to another country (offshore).
If labor costs were the only consideration U. S. businesses would most likely move their businesses to which of the following countries
a. Germany
b. Canada
c. Australia
d. Spain
Question 2
The impact of the global economy on the workforce in the U. S.
a. Has had its greatest impact on unskilled worker to date
b. Will impact skilled and professional workers in the near future
c. Will slow in the long term as U. S. businesses reorient themselves
d. a & b above
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Entrepreneurship: Starting and Operating a Small Business (3rd Edition)
When operating your own business, it is wise to know your cost of capital and that of the ...