You can't make a mistake by locating where labor costs are low.

Question

Quizplus · Accepted Answer

While lower labor costs may be beneficial for businesses in terms of reducing expenses, it is important to consider other factors such as the quality of the workforce, availability of skilled labor, infrastructure, and government regulations before making decisions on where to locate. Focusing solely on low labor costs can lead to other issues such as poor product quality, high turnover rates, and potential ethical concerns.

You Can't Make a Mistake by Locating Where Labor Costs