Company that builds a factory in another country to hire workers for less money is trying to save on its

Company that builds a factory in another country to hire workers for less money is trying to save on its

Related Posts

This Post Has 9 Comments

  1. The correct answer is option B.  

    A company that builds a factory in another country to hire workers for less money is trying to save on its human resources.  

  2. The correct answer is labor costs.  

    Companies that relocate an operation from a very high-cost market to a lower-cost location are looking to reduce labor costs.  

    The cost of labor is the sum of all wages paid to workers, as well as the cost of employee benefits and payroll taxes paid by an employer. Even a slight decrease in the hourly wage can translate to huge savings for a company’s outcome.

  3. Human resources

    Explanation:

    Developed countries (e.g. the United states or Denmark) tend to charge more for manual labor, virus developing countries( e.g. India and Africa) that charge almost nothing for the same, or more, work that is being done.

Leave a Reply

Your email address will not be published. Required fields are marked *