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Evelyn Williams
on Dec 02, 2024

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Labor-intensive industries place significant emphasis on the availability and cost of labor.

Labor-intensive Industries

Sectors or businesses that require a large amount of labor to produce goods or services, as opposed to being heavily automated or equipment-oriented.

Availability

The extent to which a product or service is obtainable and ready for use by customers.

Cost of Labor

The total amount spent by businesses on employee wages, benefits, and payroll taxes.

  • Apprehend the effect of geographical determinants on the operational activities of companies.
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Mercadys ChavoyaDec 09, 2024
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