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Which of the following will be a benefit when Crayola, an American manufacturing company specializing in art supplies best known for crayons, starts manufacturing some
Which of the following will be a benefit when Crayola, an American manufacturing company specializing in art supplies best known for crayons, starts manufacturing some of its low cost items in China and sell these to the customers in the United States?
longer lead time because products need to be shipped to USA from China
comparatively lower labor costs in China vs USA
need to locate reliable local suppliers of quality raw materials, which is difficult because the quality standards in China are inferior.
potential loss of intellectual property rights because the proprietary paint formula for crayons might be leaked during the manufacturing process in China.
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