Asked by
Raven Stroman
on Dec 18, 2024
Verified
Which of the following is an important consideration for locating a firm's production?
A) The price of the firm's product compared to its weight and volume
B) The life cycle of the firm's product
C) The firm's culture and organizational hierarchy
D) The gray market activities in a location
Firm's Production
The total output of goods and services produced by a company within a specific period.
Gray Market
The trade of legal goods through unauthorized distribution channels, distinct from black market goods which are illegal.
- Comprehend strategies for managing international operations and the benefits of global production.
Verified Answer
JF
Learning Objectives
- Comprehend strategies for managing international operations and the benefits of global production.