Which of the following is most likely to be the advantage of locating a value creation activity in the optimal location for that activity?

Question

Quizplus · Accepted Answer

Locating a value creation activity in the optimal location allows a firm to differentiate its product offering from those of competitors by leveraging unique resources, skills, or technologies available in that location. This can lead to higher consumer demand and increased profits through premium pricing. Additionally, it can allow a firm to minimize costs by taking advantage of lower production costs, such as lower labor or transportation costs. Overall, it can provide a competitive advantage for the firm. None of the other options listed would be advantages of locating a value creation activity in the optimal location.

Which of the Following Is Most Likely to Be the Advantage