If the dollar,the yen,or the euro becomes seriously overvalued,a company with a production capacity in other locations can achieve competitive advantage by:
A)buying different currencies before major fluctuations take place.
B)conducting transactions in different currencies of the world.
C)shifting production among different sites.
D)cutting down production and waiting until the currency rate is reasonable.
E)reducing production and labor force simultaneously.

Question

Quizplus · Accepted Answer

Shifting production among different sites allows a company to take advantage of lower costs in countries where the currency is not overvalued, thus maintaining or improving competitive advantage.

If the Dollar,the Yen,or the Euro Becomes Seriously Overvalued,a Company