Monday 6 April 2015

International business Explain why production and logistics decisions are of central importance to many multinational businesses

Production is
of special importance because, as #7 states, each country can give different benefits to local
production. I would even go a step further and say that if you are able to produce in each
country of consumption, you can drastically reduce operating costs and increase profits by
moving more inventory at a lower-overall consumer cost; lower the MSRP with cheaper local
production and move more units for a greater profit overall.

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