Firms focusing on responsiveness tend to
A)locate facilities close to the market they serve.
B)locate facilities very far from the market they serve.
C)find the lowest cost location for their manufacturing facilities.
D)select a high-cost location to be able to react slowly.

Question

Quizplus · Accepted Answer

Firms that focus on responsiveness aim to quickly respond to customer demands and changes in the market. One way to achieve this is by locating their facilities close to the market they serve, which reduces transportation time and allows them to quickly adapt to changing market conditions.

Firms Focusing on Responsiveness Tend to