Bocce Shoes, an Italian firm, set up a production facility in Vietnam to manufacture the firm's line of athletic shoes.Bocce is most likely using a(n)________ strategy.

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Bocce Shoes setting up a production facility in Vietnam indicates that they are trying to achieve efficiency and cost savings by outsourcing their production to a country with lower labor costs. This is a classic example of an efficiency/cost strategy.

Bocce Shoes, an Italian Firm, Set Up a Production Facility