Expand overseas.
yes
Businesses purchase the factors of production in a resource market, which are: capital, labor, land and entrepreneurship. (:
Labor costs were lower because unions were weaker.
Specialization of labor is a powerful force in an economy, benefiting small and large businesses alike. Workers produce more when they occupy specialized roles, so businesses can offer higher quality products at lower prices.
the growth of white collar jobs into a majority that increasingly replaced blue collar factory labor
Labor was cheaper and easier to control partly because Right to Work laws made unions weak.
Labor was cheaper and easier to control partly because Right to Work laws made unions weak.
cheaper labor.
Cheaper labor cheaper taxes
cheaper housing
the labor is cheaper
pen15
One of the advantages of internal developed products includes cheaper costs for materials to create the product. In addition, businesses can monitor human labor and time for cost efficiency.
there was free labor back in the nineteen fifties
International businesses continue to expand by leveraging less expensive labor. By saving money on labor, they can enter in more markets.
yes
One reason is the labor cost to the company is cheaper by outsourcing, which increases their profit. Sometimes it's a short-term win, which could lead to long-term devastation if a company does not choose the best practice.