Identify an advantage of a low minimum efficient scale.
A) Allows the firm to accommodate demands for local responsiveness
B) Discounts currency risk by manufacturing all products in one location
C) Helps keep overheads low at the expense of fixed costs
D) Helps a firm to standardize its products for all markets
Correct Answer:
Verified
Q40: Outsourcing decisions pose plenty of problems for
Q41: Flexible manufacturing technology is also known as:
A)mass
Q42: Being too dependent on one location is
Q43: _ challenged the notion that the way
Q44: The Six Sigma methodology:
A)is a direct descendant
Q46: Saving time by not producing poor-quality products
Q47: This allows the company to produce a
Q48: A company that wants to reduce set-up
Q49: Factors that help a firm decide where
Q50: Identify the incorrect statement pertaining to exchange
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