MANAGEMENT

BUISENESS MANAGEMENT

MERCHANDISING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The use of foreign workers in one or more countries to complete the manufacturing steps of goods that carry a producer’s label is which type of action?
A
Counterfeiting
B
Fashion industrialization
C
Offshore production
D
Protectionism
Explanation: 

Detailed explanation-1: -The International standard industrial classification of all economic activities, abbreviated as ISIC, is a standard United Nations Statistics Division (UNSD) classification of economic activities arranged so that entities can be classified according to the activity they carry out.

Detailed explanation-2: -The classification aims at providing a set of statistical data according to the economic aspects of production, workers, wages, physical capital assets, profits, losses and budgets, as well as providing a comprehensive framework for economic activities.

Detailed explanation-3: -What is an ISIC code? The ISIC (International Standard Industrial Classification of All Economic Activities) is a system developed by the United Nations for classifying economic data.

Detailed explanation-4: -Occupations are, generally, classified as primary, secondary and tertiary.

There is 1 question to complete.