Evaluate a country based on labor quality, quantity and mobi
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Explain how you would evaluate a potential country based on labor quality, quantity, and labor mobility; how does the country's conveyance impact these three elements? The answers should have at least one example from the real-life situation.
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Let's look at China. China has a very low cost workforce. Most of the products you purchase are manufactured in China. What impacts does this have a country like the United States? Many.
Let's look at the Mattel Toy Company. The company closed up many American plants to move production of their products to China. The company lowered its operational costs by nearly 40% by moving production to China. How? ...
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