The low cost of production for an international company is due to _________.
A
low cost of labour
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B
low cost of raw material
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C
technically qualified workforce
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D
all of the above
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Solution
The correct option is B all of the above The low cost of production for an international company is due to low cost of material and labour and technically qualified workforce. The international partner thus gets the products of required quality and specifications at a much lower cost than what is prevailing in the home country.