What Factors Determine Where Back Office Services Will Locate in LDCs

question 33

Multiple Choice

What factors determine where back office services will locate in LDCs?

• A) political stability and cultural diversity
• B) market threshold and service range
• C) military training and proximity to command and control centers
• D) low wage rates and workers who can speak English
• E) tax advantages and bank secrecy laws

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Definitions:

Productivity

Measures the efficiency of production output in relation to the input used within a given period, commonly assessed in workplace and economic contexts.

Cooperation

The act of working together towards a common goal or purpose, often involving shared efforts or resources.

Unions

are organizations that represent the collective interests of workers, focusing on wage negotiation, work conditions, and benefits.

Motivator

A factor that stimulates an individual to act in a certain way or pursue a particular goal, often leading to enhanced performance or behavior.