Firms that have a goal of ____________ tend to locate facilities near major highways,ports,rail lines and airports.

Question

Quizplus · Accepted Answer

Locating facilities near major transportation hubs can significantly reduce transportation time and costs, which ultimately helps in reducing time to market. This is especially important for firms that have time-sensitive products or products with short shelf lives.ERP techniques (B) are related to software systems used to manage business processes, while manufacturing facilities' location is unrelated to labour and machinery (C) or switching to a more service-oriented product mix (D).

Firms That Have a Goal of ____________ Tend to Locate