Which of the following best describes this strategy?

A multinational corporation is considering expanding its operations to low-wage economies in developing countries to reduce labor costs and gain access to proprietary knowledge.

Which of the following best describes this strategy?
A . Pursuit of cost efficiency in the supply chain
B . Global consolidation of transportation
C . Centralized distribution centers
D . Environmental and safety standards compliance

View Answer

Answer: A

Explanation:

Expanding operations to low-wage economies aligns with a cost efficiency strategy, aiming to reduce labor costs and maximize purchasing leverage in the global supply chain. [P-14]