Service Sector

Question 1

What employment is the service sector based on? (Sector globalisation)

Answer 1

tertiary

Question 2

Why is the ability to be footloose (work anywhere) positives for TNC’s? (Sector globalisation)

Answer 2

They can employ those from other countries for less, while providing the same service over the phone or online

Question 3

Since 1997, how much economic growth has India seen? (Sector globalisation)

Answer 3

7%

Question 4

What local factors allowed India’s economy to flourish? (Sector globalisation)

Answer 4

• English speaking
• Locals move to USA, gain skills, then move back to India
• Low cost labour force

Question 5

What TNC’s move in to India? (Sector globalisation)

Answer 5

Mainly technical assistant companies and finance administration

Question 6

For the same technical assistant job, what is the wage difference between the USA and India? (Sector globalisation)

Answer 6

USA = $12,500
India = $1,200

Question 7

How may people in the Philippines work in call centres? (Sector globalisation)

Answer 7

600,000

Question 8

How much do call centre worker make over nurses in the Philippines? (Sector globalisation)

Answer 8

call centre employee earn’s 2x more than a nurse