Pressures for ___________ imply that it may not be possible for a firm to realise the full benefits from experience curve and location economies.
A)government approval
B)consumer guidance
C)national recognition
D)reducing costs

Question

Quizplus · Accepted Answer

The pressure for reducing costs implies that firms need to constantly look for ways to reduce their costs, including through experience curve and location economies. However, even with these strategies in place, there may be other external factors such as government regulations or consumer preferences that limit the benefits that can be realized.

Pressures for ___________ Imply That It May Not Be Possible