Your brother works for a company that makes components for DVD players. The company has started to
Question:
Your brother works for a company that makes components for DVD players. The company has started to outsource some of its component assembly work to a country where employees’ wages are much lower than in the United States. As a result, the company can sell components at lower prices. However, your brother’s employer has started to lay off employees at its U.S. plants. Your brother believes he will have a job for two more years, but after that, he is not sure.
1. Research Use the Internet or library to research the trend to outsource manufacturing of electronic products in countries such as China.
2. Think Critically Your brother comes to you and asks if you think he should look for another job now. What would you say to him?
Step by Step Answer:
Business And Personal Finance Kid S Kits My Money Money Talk For The Young And Savvy
ISBN: 978-0078684159
1st Edition
Authors: Mcgraw Hill Education