From the Perspective of New International Division of Labor Theory,___________

question 100

Multiple Choice

From the perspective of new international division of labor theory,___________ .

• A) commodity production takes place in whatever part of the world can provide the most profitable combination of labor and capital
• B) high- and low-income countries are both dependent on transnational corporations for cheap goods
• C) producer-driven commodity chains are the only relevant type of commodity chain
• D) transnational corporations pay high taxes in order to find locations that will provide cheap labor

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Time Wage

A method of wage payment where employees are paid based on the number of hours they have worked.

Exit Interview

A meeting conducted with an employee leaving an organization, aimed at gaining insights into the work environment and improving retention.

Human Resources

The division of a company focused on activities related to employees, including hiring, training, and benefits.

Downsizing

Process of reducing the number of employees within a company by eliminating jobs.