This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: China has been viewed as a low-cost provider. Name three factors that contribute to China's ... (Read 64 times)

Jkov05

  • Hero Member
  • *****
  • Posts: 556
on: Jun 29, 2018
China has been viewed as a low-cost provider. Name three factors that contribute to China's competitive advantage.

Question 2

How can economic productivity be increased?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

amcvicar

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 29, 2018
Answer to Question 1

China's competitive advantage comes from (1 ) economies of scale, (2 ) the use of manufacturing technology, and (3 ) low-cost labor.

Answer to Question 2

Research and development and technology are keys to increasing productivity. Another strategy is maintaining strict control over costs.


Jkov05

  • Member
  • Posts: 556
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

matt95

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Influence of abiotic factors on competition between T. castaneum and T. confusum. Influence of abiotic factors on competition between T. castaneum and T. confusum.
Earth as viewed from Lunar orbit during the Apollo 8 mission, Christmas Eve, 1968. Africa is at the Earth as viewed from Lunar orbit during the Apollo 8 mission, Christmas Eve, 1968. Africa is at the
The 2012 U.S. presidential campaign rang with “get tough” cries to end Iran’s nuclear capacity and c The 2012 U.S. presidential campaign rang with “get tough” cries to end Iran’s nuclear capacity and c
Five Factors of Personality and the Traits they Include Five Factors of Personality and the Traits they Include
Typical Startup Cost Categories Cont. Typical Startup Cost Categories Cont.
Other Endocrine Tissues and Organs, Eicosanoids, and Growth Factors Other Endocrine Tissues and Organs, Eicosanoids, and Growth Factors
Video: Blood Flow Through the Kidneys

For a complete list of videos, visit our video library