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>
Answer:
He approved higher federal taxes on the states.
Explanation:
i took the test and that was the answer.
<u>Answer:
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An example of followers using a wider variety of influence tactics than the leader to modify attitudes and behaviors of others would be the arrangement of furniture in the office or the prominently displayed symbols.
<u>Explanation:
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- The leader, being the one who has the supreme most dignity and the highest status of all, has a conduct of behavior and approach to follow all the time.
- But this is not true with the followers that follow the leader. They can modify their behavior and activities whichever way they want and influence others in order to benefit the leader.
Answer:
unconscious bias
Explanation:
unconscious bias can be seen as a social stereotype in respect of some certain group of people which are formed unconsciously or unintentionally.
Unconscious bias may be formed against people of some certain race, certain name, gender and may even go to the extent of height discrimination.
To eliminate unconscious bias one must identify the impact of it either to people, organization e.t.c.
Another way of elimination bias is to know the meaning of bias itself because if the meaning has been identified, then a solution might be profer to it.
Answer:
c. openness
Explanation:
Openness to experience: In psychology, the term openness to experience is one of the personality traits in the theory of Big-Five personality dimensions.
Openness to experience involves five different facets including intellectual curiosity, aesthetic sensitivity, active imagination, attentiveness to inner feelings, and preference for variety.
An individual who is high on openness to experience dimension of personality is very lively and loves to try new things in life. The person is considered as imaginative, open-minded, and curious.
In the question above, Wayne is likely to score high on openness personality dimension.
