Production processes are being dispersed to take advantage of national differences in labour costs.

Name: Production processes are being dispersed to take advantage of national differences in labour costs.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This statement is true. Many companies have chosen to locate their production processes in countries where labour costs are lower in order to increase their profitability. This trend is known as outsourcing or offshoring.

Production Processes Are Being Dispersed to Take Advantage of National