Firms that focus on ______ often locate their facilities in reasonable proximity to the new market that they are planning.

Question

Quizplus · Accepted Answer

Firms that focus on growing their business often locate their facilities near new markets they plan to serve. This allows them to quickly respond to customer needs, reduce transportation costs, and improve their overall competitiveness. Access to materials and resources (A) and reducing costs (B) are important for all firms, but they may not be the primary drivers for locating facilities near new markets. Developing innovative products (D) may also be important, but it is not always necessary to be physically close to a new market to do so.

Firms That Focus on ______ Often Locate Their Facilities in Reasonable