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  1. Topics
  2. Business
  3. International Business Study Set 5
  4. Quiz 17: Global Production and Supply Chain Management

Concentration of Production Is Appropriate When _____

Question 63
Multiple Choice

Concentration of production is appropriate when _____. A) the product serves universal needs B) the product does not serve universal needs C) the product's value-to-weight ratio is low D) volatility in important exchange rates is expected

Related questions
Q 64
Decentralization of production is appropriate when _____. A) a product's value-to-weight ratio is high B) the product serves universal needs C) barriers to trade are low D) volatility in key exchange rates is expected
Q 65
Which of the following is a hidden cost associated with basing production in a foreign location? A) Cost of labor within the location B) High employee turnover C) Transportation costs D) Differences in the value of currency
Q 66
Which of the following is a major source of the improvement in the capabilities of a foreign site? A) Increasing abundance of advanced factors of production in the nation where the factory is located B) Changes in the labor costs associated with the foreign site C) Fluctuations in the quality of the product coming out of the foreign site D) Sudden changes in the currency exchanges rates with the nation in which the factory is located
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