International Business

Chapter 15 – Global Production and Supply Chain Management

The resource for this exercise can be easily located by using the search box at the top of the globalEDGE website at http://globalEDGE.msu.edu

The globalization of production makes many people aware of the differences in manufacturing costs worldwide. The U.S. Department of Labor’s Bureau of International Labor Affairs publishes the Chartbook of International Labor Comparisons. Locate the latest edition of this report using the globaledge website, and identify the hourly compensation costs for manufacturing workers in China, Brazil, Mexico, Turkey, Germany, and the United States. What does this information tell you? Why is this important? Please give me a solid detailed response to this activity.

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