Manufacturers May Want to Locate Close to Their Customers If

question 180

True/False

Manufacturers may want to locate close to their customers if the transportation of finished goods is expensive or difficult.

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Definitions:

Self-sufficiency

The quality or condition of being self-reliant or independent, particularly in terms of meeting one's basic needs without external assistance.

Age Stage

Refers to distinct periods in human development, each characterized by specific physical, psychological, and cognitive features typical for that age range.

Erik Erikson

A developmental psychologist and psychoanalyst known for his theory on the psychosocial development of human beings, which outlines eight stages from infancy to adulthood.

Methodology

This term describes the systematic, theoretical analysis of the methods applied to a field of study, encompassing concepts such as paradigm, theoretical model, phases, and quantitative or qualitative techniques.