The need for coordination is high in firms trying to profit from location and experience curve economies.

Name: The need for coordination is high in firms trying to profit from location and experience curve economies.
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Question

Quizplus · Accepted Answer

Location and experience curve economies rely on the efficient use of resources, which requires coordination between different departments and functions within a firm. Without coordination, these economies cannot be fully realized, leading to reduced profits and competitiveness.

The Need for Coordination Is High in Firms Trying to Profit