When a business introduces standardized,efficient,low-cost facilities at multiple locations it can be described as following which of these strategies?

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The introduction of standardized, efficient, low-cost facilities at multiple locations is known as "formula" facilities. This strategy involves replicating a successful model or formula in different locations to achieve consistency and efficiency. This approach is commonly used by franchise businesses or large chains seeking to expand their reach while maintaining consistent quality and operational standards.

When a Business Introduces Standardized,efficient,low-Cost Facilities at Multiple Locations It