Global Location Decisions Are Made to Optimize the Performance of the Supply

question 2

True/False

Global location decisions are made to optimize the performance of the supply chain and be consistent with the firm's competitive strategy.

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Definitions:

Common Law

A legal system based on precedents and judicial decisions rather than statutory laws.

Lessee

An individual or entity who leases an asset from another, the lessor, under the terms of a lease agreement.

Possession and Use

The act of holding property and utilizing it, which may imply certain rights or obligations under the law.

Lease

A contract by which one party conveys land, property, services, or the use of assets to another party for a specified time, usually in return for a periodic payment.