Question: Based on the example below, choose the most likely impact on the stakeholders. Example: A large jeans manufacturer decides to close its plant in Canada
Based on the example below, choose the most likely impact on the stakeholders. Example: A large jeans manufacturer decides to close its plant in Canada and outsource production of jeans to a country with lower labour costs. All 300 employees at the Canadian plant will be laid off. Production costs will drop by 40%, and the price of jeans will remain the same. Possible Stakeholders Likely Impact Investors Employees Customers Select Select Costs will increase, driving profits down. No impact. Costs will decrease, potentially increasing profits. Select
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