It is easier for companies based in countries with a high degree of cl

QUESTION

It is easier for companies based in countries with a high degree of class consciousness to establish a competitive advantage in the global economy.

Indicate whether the statement is true or false.

ANSWER

FALSE
An antagonistic relationship between management and labor classes, and the resulting lack of cooperation and high level of industrial disruption, tends to raise the costs of production in countries characterized by significant class divisions. In turn, this can make it more difficult for companies based in such countries to establish a competitive advantage in the global economy.