In Most Industries, the Only Producers That Pose a Serious

question 306

True/False

In most industries, the only producers that pose a serious threat to U.S. manufacturers are those in Japan and Western Europe.
Producers in countries like China and India have become major U.S. competitors. For example, Lenovo, a Chinese firm, recently bought IBM's PC unit.

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Definitions:

Workers' Compensation

A form of insurance providing wage replacement and medical benefits to employees injured in the course of employment.

Negligent

Failing to take proper care in doing something, resulting in damage or harm to another person.

Employer

An individual or organization that hires and pays people to work on its behalf, usually in return for a salary or wages.

Age Discrimination in Employment Act

A U.S. federal law that aims to protect job applicants and employees 40 years of age and older from discrimination based on age in hiring, promotion, discharge, compensation, or terms, conditions, or privileges of employment.