The "Race to the Bottom" Refers to

question 70

Multiple Choice

The "race to the bottom" refers to

• A) The decline in quality of goods produced by many companies
• B) The decline in profits experienced by many companies during the economic crisis of 2008-10
• C) The drop of business ethics, correlating with a rise in white collar crime.
• D) Manufacturers outsourcing work to the location where they can pay the lowest possible wages

---

Definitions:

Disengagement Stage

The phase in a person's career, usually towards the end, where they gradually begin to withdraw from their work-related roles and responsibilities.

Establishment Stage

A phase in an individual's career where they seek to make a mark in their chosen field through steady employment and professional growth.

Racial Discrimination

Unfair or prejudicial treatment of individuals based on their race or ethnicity.

Part-time

Employment with fewer hours per week compared to a full-time position, offering flexibility but typically fewer benefits.