Question

The American textile industry has moved much of its operations offshore in the pursuit of lower labor costs. Textile imports have risen from under 5% of all textile production in the early 1960s to over 95% today. Offshore manufacturers make long runs of standard mass-market apparel items. These are then brought to the United States in container ships, requiring significant time between original order and delivery. As a result, retail customers must accurately forecast market demands for imported apparel items. Rather than competing with the offshore manufacturers on price in the textile industry, some U.S companies are:____.
a. providing smaller quantities with much faster delivery.
b. producing much larger batches with a strategy of flooding the market.
c. making large order commitments to control the fashion market.
d. "providing smaller quantities with much faster delivery", "producing much larger batches with a strategy of flooding the market", and "making large order commitments to control the fashion market" are correct.
e. None of these choices is correct.

Answer 1

Answer:

A

Explanation:

The strategy of US textile firms should be to capitalise the gaps of the offshore textile companies. One of the gaps of the offshore textile companies is long delivery time. Thus, US companies should focus on producing smaller quantities at a much faster delivery time.

The offshore firms already mass produce at a lower cost. thus, the US firms should not focus on these