Which of the Following Would Qualify as a Reason for Reshoring

question 62

Multiple Choice

Which of the following would qualify as a reason for reshoring?

• A) Low costs in the target country
• B) Complicated logistics in the target country
• C) Excellent customer service in the target country
• D) Low shipping costs in the target country
• E) Low labor costs in the target country

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Definitions:

Pareto Optimal

An alternative term for Pareto Efficient, describing a state where making any individual or preference criterion better off without making at least one individual or criterion worse off is impossible.

Allocation

The process of distributing resources or tasks among various projects, departments, or individuals.

Initial Allocation

The original distribution of resources, goods, or tasks among various parties or locations.

Pareto Optimal

A situation in which it is impossible to make any individual better off without making at least one individual worse off.