Of the Following,which Is NOT a Consideration for the One-Versus-Many

question 30

Multiple Choice

Of the following,which is NOT a consideration for the one-versus-many production facilities decision?

• A) Fixed costs
• B) The notion of the minimum efficient scale and its comparison to demand
• C) The local culture
• D) The value-to-weight ratio
• E) The infrastructure that the company offers

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Definitions:

Self-sufficient

The ability of an entity or individual to meet all of its needs without external assistance.

GATT

The General Agreement on Tariffs and Trade, a multilateral treaty aimed at reducing trade barriers and promoting international trade through the reduction of tariffs and quotas.

World Trade Organization

An international organization designed to regulate and facilitate international trade between nations.

General Agreement on Tariffs and Trade

An international treaty that aimed to reduce tariffs and other trade barriers, leading to the establishment of the World Trade Organization.