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Business
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2 / 298 |
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1. The reasons for cost advantage in Chinese pencil production:
a. Cheap labor availability
China is a country with high population and the labour is cheap compared to the US labour which results lowering of the cost.
b. Availability of raw materials
The raw material could be cheaper in China compared to the sources which US is being supplied for the pencil production...
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1. The reasons for cost advantage in Chinese pencil production:
a. Cheap labor availability
China is a country with high population and the labour is cheap compared to the US labour which results lowering of the cost.
b. Availability of raw materials
The raw material could be cheaper in China compared to the sources which US is being supplied for the pencil production...
Essay fragment
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