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Based on this week's lesson - External Economies of Scale and International Location of Production, you are required to share and discuss your point of view based on the following issue.
China - The end of cheap labor?
Cheap labor has long been considered as the main factor behind the Chinese economic miracle, propelling the country to the status of the world's factory, shifting global supply chains, and igniting debates in other countries about companies moving their plants to China.
However, recently wages are rising fast in China as labor costs have risen rapidly in the country's vast manufacturing sector.
The fundamental reason for the acceleration in wages is that China might be ceasing to be a labor surplus country (low-cost labor country).
So, do you think China still able to hold onto its advantages as low-cost labor country? Yes or No? Discuss.
Using a qualitative, in regards to sustainability, why are so many organizations scared to make the leap into a more sustainable business model if the results have proven to be potent?
a. What is the price-weighted index constructed with the three stocks? B. Assume stock B is split 2 for 1 and stock C 4 for 1, what is the divisor?
Associate with each requirement measure that would ensure that the process meets the requirements.
Nicholas received a loan of $24,000 from the bank at 6.00% compounded monthly. If he had to repay $350 at the end of every month, what wil be the principal balance at the end of 2 years?
Both your content post and your response post should reflect a collegial attitude, be free of grammar and spelling errors, and include all five of the elements mentioned above.
Does the service characteristic of intangibility, inseperability, heterogeneity, and/or perishability change once a service is placed on the web?
Explain why it is important to understand the different communication styles when communicating with people. In your answer discuss the barriers to communication that managers need to be aware of when communicating with culturally diverse teams.
What do you think employees' general attitudes are towards the benefits packages? How can an organization communicate the value of a benefits package?
What examples from the case support your position? What are the implications for employee motivation with this type of leadership?
Using the feedback that you have received throughout the quarter, create a comprehensive report to the CIO of the project organization that covers the following:
What value does the variance analysis provide to the organization? If you are the CFO, what questions would you ask? What is your primary concern with regard to the variance report
What would you say about the meaning of an alliance?
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