2. A chemical firm is considering how best to supply the world market for sulfuric acid. A...
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2. A chemical firm is considering how best to supply the world market for sulfuric acid. A manufacturing plant costs approximately $20 million to construct and requires a moderately skilled workforce. The total value of the world market for this product over the next ten years is estimated to be between
$20 billion and $30 billion. The tariffs prevailing in this industry are moderate. Should the firm favour concentrated manufacturing or decentralized manufacturing? What kind of location(s) should the firm seek for its plant(s)?
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Global Business Today
ISBN: 9781259269400
5th Canadian Edition
Authors: Charles Hill, G. Tomas M. Hult, Thomas McKaig
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