A chemical firm is seeing how best to supply the world

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A chemical firm is seeing how best to supply the world market for sulphuric acid. A manufacturing plant costs approximately $20million to construct as well as requires a moderately skilled workforce. The total worth of the world market for this product over the next 10 years is estimated to be between $20billion and $30 billion range. The tariffs usual in this industry are moderate. Should the firm favour concentrated manufacturing or decentralized manufacturing? What generous of location(s) must the firm seek for its plant(s)?

Reference no: EM1379869

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