What is the major difference in focus between a location decision in the service sector vs. the manufacturing sector? A. The focus in manufacturing is on labor, while the focus in service is on raw materials. B. The focus in service is on revenue maximization, while the focus in manufacturing is on cost minimization. C. There is no difference in focus. D. The focus in manufacturing is on revenue maximization, while the focus in service is on cost minimization.

Question

Social Studies

Xiomara

10 June, 08:43

What is the major difference in focus between a location decision in the service sector vs. the manufacturing sector? A. The focus in manufacturing is on labor, while the focus in service is on raw materials. B. The focus in service is on revenue maximization, while the focus in manufacturing is on cost minimization. C. There is no difference in focus. D. The focus in manufacturing is on revenue maximization, while the focus in service is on cost minimization.

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Cuevas · Answer 1

option D

Explanation:

the correct answer is option D.

the major difference in the service sector and the manufacturing sector is that manufacturing sector focuses on revenue maximization where as focus of service sector is on cost minimization.

Service sector the third of the three economic sectors of the three-sector theory. The service sector provides a service sector include retail, banks, hotels, real estate, education, etc.

Manufacturing sector is part of the goods-producing industries supersector group. For example, bakeries, candy stores, and custom tailors