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.

Question

Quizplus · Accepted Answer

Firms that focus on cost leadership tend to prioritize minimizing production costs, which often means locating facilities in areas where labor, materials, and transportation costs are lowest, regardless of their proximity to customers.

Firms That Focus on Cost Leadership Tend to Find the Lowest-Cost