As a result of cost pressures, tire firms are now trying to rationalize their operations to attain what?
A)locations closer to markets
B)locations with lower trade barriers
C)locations that are locally responsive
D)locations where they received a large grant from the government to locate here
E)low cost positions

Question

Quizplus · Accepted Answer

The question specifically mentions "cost pressures" and the tire firms' goal is to rationalize their operations, which suggests they are trying to lower their costs, meaning they are likely seeking "low cost positions" (option E). Options A, B, and C do not necessarily pertain to cost reductions, but rather to other factors such as market proximity, trade barriers, and local responsiveness. Option D is not a realistic consideration for tire firms to attain due to government grant availability being a small and competitive part of the overall business strategy.

As a Result of Cost Pressures, Tire Firms Are Now