Problem-solving strategies which don't guarantee solutions, but make efficient use of time is Heuristics.
Any problem-solving strategy that employs a practical approach or numerous short cuts in order to provide answers that might not be ideal but are adequate given a constrained timeline or deadline is known as a heuristic, or heuristic technique.
Heuristic methods can be used to expedite the process of obtaining a workable solution in situations when it is impossible or impractical to discover an ideal one. Heuristics are mental efficiencies that reduce the cognitive strain of decision-making. Heuristics are tactics developed from prior experiences with challenges that are comparable.
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Answer:
Developed economies want to outsource manufacturing another jobs to developing countries mainly due to low tax rates and cheaper labor.
Explanation:
Outsourcing has become a common practice for multinational firms and since then, it has also been a widely debated topic. Multinationals tend to outsource their manufacturing to developing economies mainly because the governments of developing economies offer them low tax rates and other deals in order to attract them into investing in their countries. Another reason is that labor is usually cheaper in developing economies, so their manufacturing costs decrease.
$611, lower, and $819. i had to learn the hard way.
