Asked by Cardian Williams on May 08, 2024
Verified
What is the main reason some companies have set up offshore assembly plants?
A) Available marketing opportunities
B) Nearness to raw materials
C) In search of low wages
D) Inexpensive energy
Offshore Assembly Plants
Factories located in another country than where the finished product is sold, used by companies to reduce production costs.
Low Wages
Earnings that are minimal in comparison to the average or median wage levels within a specific area or industry.
Inexpensive Energy
Energy sources that are affordable in cost, often due to technological advancements, efficiency improvements, or subsidies.
- Acquire knowledge on the determinants impacting the selection of a production facility site.
Verified Answer
Learning Objectives
- Acquire knowledge on the determinants impacting the selection of a production facility site.
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