________ strategies and the drive for global efficiencies force MNEs to establish economies of scale in manufacturing.

Question

Quizplus · Accepted Answer

Cost-minimization strategies aim to reduce expenses and increase profits by achieving economies of scale in manufacturing. This involves producing large quantities of goods in order to lower the average cost of production per unit. By doing so, multinational enterprises (MNEs) are able to maintain their competitiveness in the global market and increase their profit margins.

________ Strategies and the Drive for Global Efficiencies Force MNEs