Respuesta :
When IBM USA sources computer materials from different locations around the world to reduce the cost of production, this is called globalization of production.
Production costs are the expenses a business has to pay while producing a good or offering a service that brings in money for the business. Various expenditures, including labor, raw materials, consumable manufacturing supplies, and general overhead, might be included in production costs.
A key economic idea that is relevant to almost all business models is the cost of production. It is crucial that producers understand the costs and possible revenue connected with each business they operate because farming has high risk and narrow profit margins.
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