Sales Potential Is Probably the Most Important Variable in Determining

question 27

True/False

Sales potential is probably the most important variable in determining international location decisions because consumer demand exceeds supply.

---

Definitions:

Variable Costs

Expenses that vary in relation to the amount of production or business operations.

Square Feet

A measure of area used primarily in the United States, equal to the area of a square with sides of one foot.

Bouquets

Arrangements of flowers, typically crafted and presented as gifts, decorations, or for special occasions.

Production Function

defines the relationship between inputs used in production and the output generated from those inputs.