India Has Been Able to Carve Out a Competitive Advantage

question 51

Multiple Choice

India has been able to carve out a competitive advantage in business process outsourcing (BPO) primarily because

• A) it has emerged as a manufacturing powerhouse.
• B) of an efficient infrastructure and high labor costs.
• C) it has an abundance of uneducated workers who are highly trainable.
• D) of an abundance of well-educated, English-speaking young people.

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Definitions:

Common Law Courts

Courts that base their decisions on precedents or judicial rulings rather than written statutes.

Stare Decisis

A legal principle that obligates courts to follow historical cases when making a ruling on a similar current or future case.

Common Law

A legal system based on custom, court rulings, and precedent rather than statutory laws.

French System

Describes the legal system primarily used in France and countries formerly part of the French colonial empire, characterized by civil law principles.