Because Wage Rates Are So Low in Africa, Why Don't

question 47

Essay

Because wage rates are so low in Africa, why don't Microsoft, Cisco and other major corporations close down their American operations and move to Africa?

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Definitions:

Timing-of-events Models

Analytical frameworks that emphasize the significance of when events occur in life, affecting individuals' development and life outcomes.

Trait Models

Theories that attempt to explain personality as composed of a number of consistent, measurable traits or characteristics.

Normative Life

Refers to a concept describing typical life stages and events that most people experience in a society.

Cultural

Pertaining to the ideas, customs, social behaviors, and artifacts of a particular society, group, or time.