In the context of a meganational strategy, _____ refer to the cost advantage of performing each stage in the value chain at the lowest cost for that activity.

Name: In the context of a meganational strategy, _____ refer to the cost advantage of performing each stage in the value chain at the lowest cost for that activity.
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Question

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Location economies refer to the cost advantages gained by performing specific activities in the optimal locations for those activities, thus achieving lower costs in the value chain.

In the Context of a Meganational Strategy, _____ Refer to the Cost