Question: How will global trends such as the increase in labor costs in some emerging markets ( e . g . China ) impact national differences
How will global trends such as the increase in labor costs in some emerging markets eg China impact national differences in the future and companies' decisions to exploit them?
Companies should consider both the current state of cost differences and the future state based on these trends before they make a sound longterm commitment.
Some decisions may be economically viable based on the current differences but not as much attractive in the future.
Options a and b are both correct.
An economically viable decision is timeindependent.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
