A survey of U.S. manufacturers shows that 95 percent of respondents with Indian operations plan on expanding, and none say they are leaving. Which of the following is primarily behind this new trend?
A. Government machinery is one of the most efficient in the world.
B. Living standards for expatriates are comparable to the world's best.
C. Qualified labor is cheap, and the market potential is massive.
D. Proximity to China makes sourcing of parts easier.
E. There is a lack of competitiveness among local firms.
Answer: C. Qualified labor is cheap, and the market potential is massive.