The sporting goods company Nike is a good example of globalization because in one five-year period it closed 20 factories and opened another 35 in countries all over the world. Why did Nike move these factories?
a. Its executives grew bored of one country and wished to live in a new one.
b. Nike simply could not find enough good workers for its factories.
c. Nike moved its factories anywhere in the world where the labor costs were the lowest and the environmental and health regulations the most lenient.
d. Nike's factories needed more energy than most nations could provide.
Answer: c. Nike moved its factories anywhere in the world where the labor costs were the lowest and the environmental and health regulations the most lenient.
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