{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-12T06:15:53-04:00", "answer_date": "2024-06-12 06:15:53", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "2767591", "url": "\/study-help\/questions\/short-answer-a-chemical-firm-is-considering-how-best-to-2767591", "question_creation_date_js": "2024-06-12T06:15:53-04:00", "question_creation_date": "Jun 12, 2024 06:15 AM", "meta_title": "[Solved] Short Answer A chemical firm is consideri | SolutionInn", "meta_description": "Answer of - Short Answer A chemical firm is considering how best to supply the world market for nitric acid. A manufacturing plant | SolutionInn", "meta_keywords": "short,answer,chemical,firm,supply,world,market,nitric,acid,manufacturing,plant,costs", "question_title_h1": "Short Answer A chemical firm is considering how best to supply the world market for nitric acid. A manufacturing plant costs approximately $20 million to", "question_title": "Short Answer A chemical firm is considering how best to supply the", "question_title_for_js_snippet": "Short Answer A chemical firm is considering how best to supply the world market for nitric 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 10 years is estimated to be between $20 and $30 billion The tariffs prevailing in this industry are moderate Should the firm favour concentrated or decentralised strategy Give reasons for your answer What kind of locations(s) should the firm seek for its plant(s) Give reasons for your answer ", "question_description": "

Short Answer<\/p>

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A chemical firm is considering how best to supply the world market for nitric 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 10 years is estimated to be between $20 and $30 billion. The tariffs prevailing in this industry are moderate.<\/p>

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  1. Should the firm favour concentrated or decentralised strategy? Give reasons for your answer.<\/li>
  2. What kind of locations(s) should the firm seek for its plant(s)? Give reasons for your answer.<\/li> <\/ol>", "transcribed_text": "", "related_book": { "title": "Building Serverless Applications With Google Cloud Run A Real World Guide To Building Production Ready Services", "isbn": "1492057096, 978-1492057093", "edition": "1st Edition", "authors": "Wietse Venema", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/2024\/01\/65b20fc8672af_26465b20fc861968.jpg", "uri": "\/textbooks\/building-serverless-applications-with-google-cloud-run-a-real-world-guide-to-building-production-ready-services-1st-edition-978-1492057093-244233", "see_more_uri": "" }, "free_related_book": { "isbn": "B0973XPFVG", "uri": "\/textbooks\/the-capacity-model-how-to-build-your-best-life-1st-edition-979-8522278168-356541", "name": "The Capacity Model How To Build Your Best Life", "edition": "1st Edition" }, "question_posted": "2024-06-12 06:15:53", "see_more_questions_link": "\/study-help\/questions\/business-finance-2024-September-21", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/draw-conformational-formulas-for-each-of-the-following-a-adallopyranose", "description": "Draw conformational formulas for each of the following: (a) A-d-allopyranose, (b) Methyl b-d-allopyranoside, (c) Methyl 2, 3, 4, 6-tetra-O-methyl-b-d-allopyranoside.", "stars": 3.5 }, { "url": "\/a-motorcycle-and-600-kg-rider-accelerate-at-30-ms2", "description": "A motorcycle and 60.0 kg rider accelerate at 3.0 m\/s 2 up a ramp inclined 10 degrees above the horizontal what are the magnitudes of (a) The net force on the rider and (b) The force on the rider from...", "stars": 3 }, { "url": "\/study-help\/biostatistics\/for-the-body-fat-data-set-with-overweight-as-the-1981499", "description": "For the Body Fat data set with Overweight as the response variable and Age, Height, Neck, Chest, Hip, Ankle, and Biceps as the explanatory variables, Table 10.23 contains the best models according to...", "stars": 3 }, { "url": "\/raymond-corporation-received-the-following-bank-statement-for-the-month-129771", "description": "Raymond Corporation received the following bank statement for the month of October 2009: The Cash in Bank account of Raymond Corporation provides the following information: The items on the bank...", "stars": 3 }, { "url": "\/study-help\/questions\/general-financial-reporting-ifrs-hfac2321-the-fix-pty-ltd-is-9924894", "description": "General Financial Reporting (IFRS) (HFAC232-1) The Fix (Pty) Ltd, is a clothing retailer with a 30 June financial year-end. 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