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What are some of the advantages for Sony, Toshiba, and LG Electronics to outsource TV manufacturing...

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Operations Management

What are some of the advantages for Sony, Toshiba,and LG Electronics to outsource TV manufacturing from South Korea,Japan, and Mexico to plants in China and Taiwan?

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Ans The demand for televisions has been of course increased in recent years but these manufacturers were required to reduce their manufacturing cost due to an increase in competition and declines in overall television price Considering this any costcutting in production would significantly increase the profit margin This is one of the reasons why    See Answer
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