Which Term Often Describes Low-Cost Foreign Labor

question 3

Multiple Choice

Which term often describes low-cost foreign labor?

• A)outsourcing
• B)post-Fordism
• C)globalization
• D)knowledge workers

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Definitions:

Well-Being

The state of being comfortable, healthy, or happy, encompassing physical, mental, and emotional health and satisfaction.

Good Things

Positive aspects, events, or outcomes that contribute to well-being and happiness.

Optimist

An individual who tends to maintain a positive outlook and expects good outcomes even in the face of adversity.

Pessimist

An individual who tends to see the worst aspect of things or believe that the worst will happen; a negative outlook on life.