Theory of Factor Endowment

The theory put across by Heckscher-Ohlin, states that international and inter-regional differences in production costs occur because of differences in the supply of production factors. Those goods that require a large amount of the abundant—thus less quantity—factor will have lower production costs, enabling them to be sold for less in international markets.

My Consultancy–Asif J. Mir – Management Consultant–transforms organizations where people have the freedom to be creative, a place that brings out the best in everybody–an open, fair place where people have a sense that what they do matters. For details please visit www.asifjmir.com, and my Lectures.

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1 Comment (+add yours?)

  1. abel
    Jul 20, 2012 @ 10:29:27

    Thanks very much. But how then can organizations recapture the hearts and mind of employees to gain the highest commitment and performance given the restructuring focus of the past several years

    Reply

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