Which of the following can influence a firm's choice of production location?
A) The firm's organizational hierarchy
B) The gray market activities in a location
C) The degree to which the firm's product is standardized
D) The life cycle of the firm's product

Question

Quizplus · Accepted Answer

The degree to which a firm's product is standardized can influence production location decisions, as standardized products may benefit from economies of scale and centralized production, while customized products may require proximity to specific markets.

Which of the Following Can Influence a Firm's Choice of Production