Two product features impact location decisions. Which of the two reduces the need for local responsiveness?

Question

Quizplus · Accepted Answer

Two product features affect location decisions. The first is the product's value-to-weight ratio because of its influence on transportation costs. The other product feature that can influence location decisions is whether the product serves universal needs, needs that are the same all over the world. Because there are few national differences in consumer taste and preference for such products, the need for local responsiveness is reduced. This increases the attractiveness of concentrating production at an optimal location.

Two Product Features Impact Location Decisions