Firms that focus on cost leadership tend to find the lowest-cost location might
A) locate far from their customers.
B) locate in a higher cost area to provide faster response.
C) have many facilities to take advantage of economies of scale.
D) increase inventory levels to reduce stockouts.
Answer: A
You might also like to view...
Plagiarism is the presentation of someone else's ideas or words as your own
Indicate whether the statement is true or false
A colleague has decided to write a negative online review of a restaurant she recently visited and has asked for your advice. What is the best advice you can give her?
A) Make the review as long as possible so that you can include many details about the restaurant. B) To be safe and to protect your privacy, leave the comment anonymously. C) Include positives as well as negatives in the review. D) Even if the restaurant contacts you to correct the problem, leave the original message posted as is.
A fiduciary duty exists in which of the following business relationships?
A) business partners to each other B) directors of a corporation to the corporation C) a professional advisor such as an accountants to their clients D) agent to a principal E) all of the above
The ability to present outcomes effectively is a professional characteristic of a project manager
Indicate whether the statement is true or false