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The ability of firms in some industries to benefit from an increasing ability to outsource manufacturing or service functions to​ lower-cost foreign labor markets is an example of​ a(n) _____ trend.
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The ability of firms in some industries to benefit from an increasing ability to outsource manufacturing or service functions to​ lower-cost foreign labor markets is an example of​ a(n) _____ trend.

User Majid Golshadi
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Answer:

business trend

Step-by-step explanation:

A business trend can be defined as a general business tendency or pattern of action, e.g. automobile manufacturers are currently producing more fuel efficient cars.

The specific business trend of outsourcing manufacturing goods to lower cost foreign nations has been increasing during the last couple of decades. Currently around 80% of American private sector jobs belong to service industry jobs.

User Vincent Hiribarren
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