According to the Text,when the Location of a Factory Is

question 34

Multiple Choice

According to the text,when the location of a factory is dictated by low production costs,fairly developed infrastructure and availability of skilled workers the factory is referred to as a(n) :

• A)​Offshore factory
• B)​Source factory
• C)​Server factory
• D)​Lead factory

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Definitions:

Servicing Needs

The act of identifying and fulfilling the requirements or desires of customers and clients.

Expected Annual Orders

An estimate of the quantity of orders a company anticipates receiving within a one-year period based on market analysis and sales forecasts.

Present and Potential Sales

Analysis or estimation of current sales figures combined with the forecasted or potential sales in the future.

Relationship Selling

Relationship selling is a sales approach that focuses on creating and maintaining long-term relationships with customers rather than just focusing on immediate sales.