In Reviewing the Indian Software Industry and the Diamond of National

question 55

Multiple Choice

In reviewing the Indian Software industry and the diamond of national advantage, which of the following is a growing detractor to the national competitive advantage in this industry?

• A)large pool of skilled workers
• B)eroding cost advantage of Indian firms
• C)rapidly improving communications infrastructure
• D)large, growing market and sophisticated customers

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Definitions:

Shirking

The behavior of avoiding or evading work responsibilities, often in employment settings.

Industrial Unions

Labor unions that represent all types of workers within an entire industry, focusing on broad industry-level labor issues and negotiations.

Craft Unions

are labor unions that represent workers specialized in particular trades or crafts, focusing on securing favorable employment conditions and maintaining standards within their fields.

Supply of Labor

The total hours that workers in an economy are willing to work at a given wage rate.