The CEO has asked you and Jane to create a chart that he might use as part of his decision process in deciding what countries in which to locate overseas factories. He also wants an accompanying recommendation summary from an HR perspective.
Prepare a 6-column, 5-row chart for the following countries and parameters:Columns (countries) are:JapanMexicoIndiaChinaItalyGermanyRows (factors to research) for each country are:Average manufacturing wageCountry’s minimum wageTypical restrictive work rules where there are unionsHow unions enhance or detract from company resultsCountry’s unemployment rateIt is unlikely that you will find all of the necessary data in one online database. Instead, you will have to research a number of different ones.In addition, in some cases you may have to make calculations from a “base=100” report to get an actual dollar figure.Ensure that you cite the references used, in proper APA format.Wikipedia is an unacceptable referenceFor minimum wages, try one of the following sites:Minimum wagesList of minimum wages by countryFor unemployment percentages try the following site:Unemployment rate (most recent) by country (be sure to note the year of the data)Your recommendation summary should explain which country you recommend for the future overseas expansion, based solely on the data in your chart