Why labour-based competitive advantages of India and Singapore cannot be sustained in IT and service sectors?
A. Due to diminishing levels of skill
B. Due to capital-intensive technology making inroads
C. Because of new competitors
D. Because of shifting of labour-based advantage in manufacturing industries.
Answer:C
Why labour-based competitive advantages of India and Singapore cannot be sustained in IT and service sectors?
A. Due to diminishing levels of skill B. Due to capital-intensive technology making inroads C. Because of new competitors D. Because of shifting of labour-based advantage in manufacturing industries.