Lowering the costs is one of the objectives of the production and logistics function of an international firm. true or false

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Business

Alessandra Booker

24 May, 01:18

Lowering the costs is one of the objectives of the production and logistics function of an international firm. true or false

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Monica Meyers · Answer 1

Answer: True. Lowering the costs is one of the objectives of the production and logistics function of an international firm.

Explanation: Lowering costs is an objective for many firms international and domestic. As costs are lower, more money is able to be stored as profit and revenue. With international firms having the added costs of importing and exporting, the lower the costs, the better off they are.