A Company Most Likely Would Consider Moving a Portion of Its

question 312

Multiple Choice

A company most likely would consider moving a portion of its manufacturing to a second location to:

• A) improve competitive advantage through cost control.
• B) avoid manufacturing downtime due to material shortages.
• C) maximize security for customer shipments.
• D) minimize the impact of natural disasters.

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Definitions:

Wage Earners

Individuals who receive compensation for their labor or services in the form of wages or salary.

Perfectly Inelastic

Describes a situation where the quantity demanded or supplied is completely unresponsive to price changes.

Excise Tax

A tax levied on specific goods or services, such as tobacco, alcohol, and gasoline, often intended to discourage their use or generate revenue.

Consumers

People or collectives who buy products and services for their own consumption.