Uniway Technologies Inc. has based its manufacturing units in the coun

QUESTION

Uniway Technologies Inc. has based its manufacturing units in the country of Lanthania.

The country’s stable economic and political environment has helped the firm gain competitive advantage by lowering its production costs and improving product quality. Other things being equal, the benefits realized from such a strategy can be typically referred to as:

A. economies of scope.

B. location economies.

C. diseconomies of scale.

D. economies of power.

E. learning economies.

ANSWER

B