Which of the Following Is Not a Possible Reason for Facility

question 30

Multiple Choice

Which of the following is not a possible reason for facility closings?

• A)eliminating redundant capacity in mergers and acquisitions
• B)poor planning
• C)improving supply chain efficiency
• D)insufficient volume of business
• E)all of the above are possible reasons

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Definitions:

Compensating Differential

A difference in wages that arises from non-monetary characteristics of different jobs, such as risk or undesirable location.

Baker

A person who primarily bakes and sells bread, pastries, and other baked goods as their profession.

Long Hours

The situation of working a significantly larger number of hours than the standard working time, often leading to stress and health issues.

Own-Price Elasticity

A measure of the responsiveness of the demand for a good to a change in its own price.