Contrast the two dominant perspectives on sweatshops.
What will be an ideal response?
Some contend that the exploitation of cheap labor allows developing countries to expand export activities and to improve their economies. This economic growth brings more jobs, which will cause the labor market to tighten, which in turn will force companies to improve conditions in order to attract workers. Several commentators argue that encouraging greater global production will create additional opportunities for expansion domestically, providing a positive impact on more stakeholders. Though it is an unpopular sentiment with the general consuming public, many economists argue that the maintenance of sweatshops is therefore supported by economic theory. Indeed, even the term ‘sweatshops' remains open to debate.
On the other hand, opponents to this perspective argue that allowing this process to take its course will not necessarily lead to the anticipated result, just as voluntarily improving legal compliance, wages, and working conditions will not inevitably lead to the negative consequences the free market advocates threaten.
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People who challenge a service provider's ability to deliver service and who require special skills and patience are difficult customers.
Answer the following statement true (T) or false (F)
Bonds were issued at a(n)______________when the issue price exceeds the face value
Fill in the blank(s) with correct word
What is the free rider problem?
What will be an ideal response?
Compared to the U.S., Japanese organizations tend to display:
a. collectivism, high power, and risk avoidance. b. collectivism, low power, and risk taking. c. individualism, high power, and risk avoidance. d. individualism, low power, and risk avoidance.