When it comes to location decisions, labor costs are no longer an important consideration for most manufacturing firms.

Name: When it comes to location decisions, labor costs are no longer an important consideration for most manufacturing firms.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Labor costs are still a significant factor in location decisions for manufacturing firms, but other factors such as proximity to customers, transportation costs, infrastructure, access to resources, and government regulations also play important roles.

When It Comes to Location Decisions, Labor Costs Are No