Questions: Which of the following is true of emerging trends in the international market? Multiple Choice In most emerging markets, companies are now facing an excess of talented employees. Globalization is limited to a particular sector of the economy. Although companies may be attracted to off shoring because of potentially lower labor costs, reshoring is becoming more common. Off shoring involves low-skilled manufacturing jobs with repeatable tasks. U.S. managers in overseas locations typically have the necessary cultural understanding to attract and retain talented employees.

Which of the following is true of emerging trends in the international market?

Multiple Choice
In most emerging markets, companies are now facing an excess of talented employees.
Globalization is limited to a particular sector of the economy.
Although companies may be attracted to off shoring because of potentially lower labor costs, reshoring is becoming more common.
Off shoring involves low-skilled manufacturing jobs with repeatable tasks.
U.S. managers in overseas locations typically have the necessary cultural understanding to attract and retain talented employees.
Transcript text: Which of the following is true of emerging trends in the international market? Multiple Choice In most emerging markets, companies are now facing an excess of talented employees. Globalization is limited to a particular sector of the economy. Although companies may be attracted to off shoring because of potentially lower labor costs, reshoring is becoming more common. Off shoring involves low-skilled manufacturing jobs with repeatable tasks. U.S. managers in overseas locations typically have the necessary cultural understanding to attract and retain talented employees.
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Solution

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Answer

The answer is: Although companies may be attracted to offshoring because of potentially lower labor costs, reshoring is becoming more common.

Explanation
Option 1: In most emerging markets, companies are now facing an excess of talented employees.

This statement is generally not true. Many emerging markets face challenges in finding skilled talent due to educational and infrastructural limitations.

Option 2: Globalization is limited to a particular sector of the economy.

Globalization affects multiple sectors of the economy, including manufacturing, services, technology, and finance, among others. It is not limited to a particular sector.

Option 3: Although companies may be attracted to offshoring because of potentially lower labor costs, reshoring is becoming more common.

This statement is true. While offshoring has been popular for reducing labor costs, there is a growing trend of reshoring, where companies bring operations back to their home country due to factors like quality control, logistics, and changing cost dynamics.

Option 4: Offshoring involves low-skilled manufacturing jobs with repeatable tasks.

While offshoring often involves low-skilled jobs, it is not limited to them. Many companies also offshore high-skilled jobs, such as IT services and customer support.

Option 5: U.S. managers in overseas locations typically have the necessary cultural understanding to attract and retain talented employees.

This statement is not universally true. Cultural understanding can vary significantly among managers, and lack of cultural awareness is often cited as a challenge in international business operations.

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