As Foxconn cuts jobs as it shifts to greater use of automation, jobs will be created in other companies. In what types of companies would you expect to see jobs created? Questions:1. As Foxconn cuts jobs as it shifts to greater use of automation, jobs will be created inother companies. In what types of companies would you expect to see jobs created?2. Many companies outsourced their manufacturing activities to Foxconn due to its lowlabor costs. Does Foxconn's shift to automation make it likely that some of thosecompanies will reconsider outsourcing in favor of shifting to automation? What are somereasons for staying with Foxconn, and what are some reasons that favor shifting to theirown automated processes?

Foxconn CEO Terry Gou anticipated that the Taiwanese contract manufacturing company, which has…

Answered: As Foxconn cuts jobs as it shifts to…

As Foxconn cuts jobs as it shifts to greater use of automation, jobs will be created in other companies. In what types of companies would you expect to see jobs created?

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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