In Recent Years,India Has Gained Competitive Advantage in Providing Radiology

question 30

Multiple Choice

In recent years,India has gained competitive advantage in providing radiology services. Radiology charts can now be transmitted from anywhere in the world. This change illustrates:

• A)The increasing mobility of services
• B)The rise in health care costs in developed countries
• C)The global reorientation of production strategies
• D)The financial crisis beginning in 2007
• E)The rising cost of real estate

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Definitions:

Home Country

The country where a company is headquartered or where an individual is a citizen.

Labor Costs

The total sum of all wages paid to employees, as well as the costs of employee benefits and payroll taxes incurred by an employer.

Unemployment Rate

The percentage of the labor force that is jobless and actively seeking employment.

Portfolio

A collection of financial investments like stocks, bonds, commodities, cash, and cash equivalents, including closed-end funds and exchange traded funds (ETFs).