Why Might Poland Be a Good Country to Open an Operation

question 49

Multiple Choice

Why might Poland be a good country to open an operation for a business that needs a large available labor supply?

• A) The unemployment rate in Poland has been very high since the 2008 recession.
• B) The female labor force participation rate in Poland is extremely low.
• C) The cost of living in Poland is the lowest in the world.
• D) More than 15 percent of Poles work in agriculture.
• E) Most members of the Polish workforce work on a part-time basis.

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Definitions:

Variable Cost

A cost that varies directly with the level of production or sales volume, such as materials and labor costs.

Regression Study

An analysis technique used to determine the relationship between dependent and independent variables, often used for prediction and forecasting.

Inflation

The rate at which the general level of prices for goods and services is rising, leading to a decrease in purchasing power.

Package Design

The process of creating the exterior of a product, including choices in material, form, graphics, and functionality, to improve marketability and usability.