Which of the Following Statements Would Be the Best Reason

question 69

Multiple Choice

Which of the following statements would be the best reason for a retailer to source products within North America?

• A)Retailers do not have to concern themselves with human rights and child labor violations.
• B)Retailers do not have to concern themselves with building strategic partnerships.
• C)Lead times are shorter.
• D)Quality control is no longer an issue for retailers because the labor is better educated.
• E)Domestic sources of merchandise are superior to what is found globally.

---

Definitions:

Differentiation

A strategy businesses use to make their products or services stand out from competitors', often through unique features or superior quality.

Market Domination

A situation in which a company or product holds a significant share of the market, surpassing competitors in sales, influence, or visibility.

Overriding Concern

A primary or dominant issue that takes precedence over other considerations in decision-making or strategy.

Cost Leadership

Cost leadership is a business strategy that focuses on achieving the lowest operational costs within an industry to offer goods or services at a lower price than competitors.