Identify a True Statement About Local Responsiveness

question 11

Multiple Choice

Identify a true statement about local responsiveness.

• A)Adapting products and operations to fit local circumstances is inexpensive.
• B)The more a company tailors a product to a local market, the higher the cost.
• C)Companies with higher costs can beat their competition through lower prices.
• D)Firms achieve economies of scale by producing products with variations.

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Definitions:

Breach of Contract

Failure to perform any term of a contract, written or oral, without a legitimate legal excuse.

Extreme Weather Conditions

Unusual, severe, or unseasonal weather patterns that can lead to significant impacts on human health, the environment, and infrastructure.

Parked Car

A vehicle that is stationary and not in use, typically positioned in a parking space or along the side of a road.