Many Critics of Globalization Argue That Outsourcing Leads to Increased

question 58

Multiple Choice

Many critics of globalization argue that outsourcing leads to increased use of _________ labour practices in developing countries.

• A) exploitive
• B) fair
• C) underground
• D) neo-colonialist
• E) non-competitive

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Definitions:

Homogeneous

Characteristics of products or services that are identical in quality and features, making them indistinguishable from one another in the eyes of consumers.

Fast-Food Industry

The fast-food industry comprises businesses that serve quick service food items over the counter or via drive-thrus, often emphasizing speed, convenience, and affordability.

Marginal Revenue

The additional income generated from selling one more unit of a good or service.

Total Revenue

Total Revenue is the full amount of income generated by the sale of goods or services before any costs are deducted.