Answered step by step
Verified Expert Solution
Question
1 Approved Answer
31. IKEA's decision to set up manufacturing facilities in China is influenced by which country-specific factor? * 1 point a. High labor costs and limited
31. IKEA's decision to set up manufacturing facilities in China is influenced by which country-specific factor? * 1 point a. High labor costs and limited infrastructure b. Limited market potential and restrictive policies c. High political instability and economic barriers d. Lower labor costs and well-developed infrastructure 32. Intel centralizes its semiconductor manufacturing due to high fixed costs and complex technology. What technological factor is most influential in this decision? * 1 point a. Low minimum efficient scale and high flexibility b. Availability of local low-cost labor c. Limited need for advanced infrastructure d. High fixed costs and significant economies of scale 33. Apple manufactures its iPhones in centralized facilities in China. What production factor justifies this decision? * 1 point a. Low value-to-weight ratio and local market focus b. High value-to-weight ratio and global distribution efficiency c. High transportation costs and localized production d. Low production costs and minimal technology use
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started