60.1K

Verified Solution

Link Copied!

Which of the following statements about striving to reduce labor costs per pair produced at each of the company's production facilities is true? O Achieving labor productivity of at least 3,750 pairs per worker at a production facility is nearly always sufficiently high for a company's production labor costs per pair (after rejects) at the facility to be close to the industry-low (as reported on p. 6 of the most recent FIR) All companies, regardless of the strategy/competitive approach being employed or their financial circumstances, have the means to pursue actions to manage worker compensation and worker productivity in a manner that results in production labor costs per pair reasonably close to or below the industry-average (and sometimes close to the industry-low) in each region where the company has production facilities (as reported on p 6 of the FIR) O It is very difficult for a company producing branded footwear with a high S/Q rating to achieve labor costs per pair produced that are below the industry average in each geographic region where the company has production facilities OA company pursuing a low-cost provider strategy is better able to pursue actions aimed at achieving low labor costs per pair produced in each of its production facilities (as compared to the labor costs of companies with production facilities in the same regions) than is a company pursuing a strategy to differentiate its product offering from rivals in ways that enhance buyer appeal for its branded footwear OA company cannot achieve labor costs per pair produced that are close to the lowest in the industry (in those geographic regions where it has production facilities) unless its annual total compensation of production workers is below the average annual total compensation paid by all companies with production facilities in these same regions C=Ar ONa

Answer & Explanation Solved by verified expert

See Answer