As the global market for hearing products has become extremely competitive in recent months,Rinker Audio Products' newly appointed CFO,Neha Patel believes that the company should address its minimum efficient scale and attempt to lower it.Which of the following is a consequence of a low minimum efficient scale?
A) preventing a firm from utilizing capital equipment fully
B) necessitating centralized production in a single location or a limited number of locations
C) preventing a firm from accommodating demands for local responsiveness
D) increasing the unit cost of products
E) allowing a firm to hedge against currency risk by manufacturing the same product in several locations
Correct Answer:
Verified
Q7: Since refined sugar has a low value-to-weight
Q37: Rinker Audio Products has a fully-staffed purchasing
Q38: Rinker Audio Products wants to adopt the
Q39: Rinker Audio Products stores its finished goods
Q41: Which of the following is an objective
Q43: Uvicon Inc.and Bionor Inc.are firms that compete
Q44: Adopting flexible manufacturing technology to produce a
Q45: Which of the following includes a grouping
Q46: Uniway Technologies Inc.has based its manufacturing units
Q47: Which of the following is an implication
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents