When It Comes to Location Decisions,labour Costs Are No Longer

question 88

True/False

When it comes to location decisions,labour costs are no longer an important consideration for most manufacturing firms.

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Definitions:

Human Capital

The skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to organizations.

Strategic Objectives

Long-term goals that an organization seeks to achieve to fulfill its mission and vision.

Organization Determination

The process by which an organization defines its intentions and establishes the strategies and actions necessary to achieve its goals.

International Human Capital

The knowledge, skills, and abilities of employees that can be leveraged globally to gain competitive advantage and operate effectively across countries.