When determining the location decision for industrial products like steel, what should a company keep in mind?
A) They serve needs that are the same all over the world.
B) They have drastic national differences in consumer taste and preference.
C) The need for local responsiveness for these products is more than consumer products.
D) It makes sense to produce these products in multiple locations close to major markets.
E) A plant must operate at the highest minimum efficient scale of output for these products.

Question

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The Answer of When determining the location decision for industrial products like steel, what should a company keep in mind?
A) They serve needs that are the same all over the world.
B) They have drastic national differences in consumer taste and preference.
C) The need for local responsiveness for these products is more than consumer products.
D) It makes sense to produce these products in multiple locations close to major markets.
E) A plant must operate at the highest minimum efficient scale of output for these products.

When Determining the Location Decision for Industrial Products Like Steel