Asked by Caleb Glenney on Jun 01, 2024
Verified
Globalization of the location decision is the result of all of the following except
A) market economics.
B) higher quality of labour overseas.
C) ease of capital flow between countries.
D) high differences in labour costs.
E) more rapid, reliable travel and shipping.
Globalization
The process by which businesses or other organizations develop international influence or start operating on an international scale.
Location Decision
The process of selecting a geographical site for a company's operations, facilities, or services.
Capital Flow
The movement of money for the purpose of investment, trade, or business production internationally or within a country.
- Exhibit comprehension of the effects of globalization and government regulations on the choice of location.
Verified Answer
LG
Lauren GonzalezJun 02, 2024
Final Answer :
B
Explanation :
The globalization of the location decision is the result of market economics, ease of capital flow between countries, high differences in labour costs, and more rapid, reliable travel and shipping. However, the higher quality of labour overseas is not necessarily a determining factor in the globalization of location decisions.
Learning Objectives
- Exhibit comprehension of the effects of globalization and government regulations on the choice of location.