Practicing Success
Practicing Success
CUET Preparation Today
Which of the following outcome of globalisation provides ample amount of opportunities to the large number of unemployed citizens of India? |
Decrease in cost of manufacturing resulting in increase in labour market rate Outsourcing of employees to services to third-party services. Increase in demand of Indian products due to low cost of production resulting in increased employment opportunities None of the above |
Outsourcing of employees to services to third-party services. |
Outsourcing is one of the important outcomes of the globalisation process. In outsourcing, a company hires regular service from external sources, mostly from other countries. It has resulted in increase in employment opportunities to the unemployed youth of India. |
