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Five factors that assist the firm to make decision

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A medical device company is considering how best to supply the world market with medical devices such as ventilators used to treat patients suffering from conditions including pneumonia, brain injury and stroke. A manufacturing plant costs approximately A$2 million to construct and requires a less skilled workforce. The total value of the world market for this product over the next 5 years is estimated to be between A$10 billion and A$20 billion range. The tariffs prevailing in this industry are currently high. Should the firm favour concentrated manufacturing or decentralised manufacturing? Discuss at least five factors that assist the firm to make this decision

Reference no: EM132899529

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