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VLD [36.1K]
3 years ago
6

what is one way low wages paid to workers in developing country's has a negative affect on developed country's

Social Studies
1 answer:
Ray Of Light [21]3 years ago
5 0

In developing countries, labor is cheap and low wages are paid to employees. This enables firms to manufacture products at a low cost and, therefore, to fix low prices for them too. Such goods are exported because they become attractive in the international sphere due to their price. Domestic products from developed nations cannot compete in prices with those imports, because their production costs are much higher, specially the labor costs.

If domestic products cannot compete with imports, domestic firms will not be able to sell their products and this would lead to decrease in sales, a loss of profit and to an excess of employees that wil have to be dismissed.

<u>In absolute terms, low wages in a developing country reduce the production, income and employment levels in developed countries. </u>

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C

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The study of followership is an emerging area within the leadership field that helps explain outcomes. Specifically, followers play important individual, relational, and collective roles in organizational failures and successes.[4][5][6] “If leaders are to be credited with setting the vision for the department or organization and inspiring followers to action, then followers need to be credited with the work that is required to make the vision a reality.”[7]

The term follower can be used as a personality type, as a position in a hierarchy, as a role, or as a set of traits and behaviors. Studies of followership have produced various theories including trait, behavioral attributes, role, and constructionist theories in addition to exploring myths or misunderstandings about followership.
7 0
3 years ago
__________ refers to the design and application of formal systems in an organization to assure the effective and efficient use o
Zinaida [17]

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<em>Human resource management</em>

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Human resources can be used to define the individuals working for a  business or organisation as well as the department responsible for  handling employee-related resources.

<em>Human resource management </em>is a modern word used to define employee leadership and  growth in an organisation.

They are mostly focused on:

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Savatey [412]

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2 years ago
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Gekata [30.6K]

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