Which of the following statements about striving to reduce labor cost.docx

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Which of the following statements about striving to reduce labor costs per pair produced at each of the company's production facilities is true? A 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. 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,

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