FORMATIVE ASSESSMENT $2$

Read the scenarion below and Answer ALL the questions that follow

AC Manufacturing Inc. is moving abroad.

ABC Manufacturing Inc. is a leading multinational corporation specializing in the production and distribution of industria nachinery and equipment. Established over five decades ago, ABC Manufacturing Inc. has grown to become a key playe n the global manufacturing sector, with operations spanning across Europe, Asia$-$Pacific, and North America. The ompany's primary focus is on delivering high$-$quality, innovative solutions that enhance operational efficiency anc roductivity for various industries, including automotive, aerospace, and renewable energy sectors$.$ ABC Manufacturing Inc lesigns, manufactures, and distributes a wide range of industrial machinery and equipment. Their products include recision CNC machines, robotic automation systems, and advanced tooling solutions tailored to meet the specific needs o ndustrial clients worldwide. ABC Manufacturing Inc. operates on a business$-$to$-$business $($B$2$B$)$ model, collaborating closely vith industrial customers to develop customized solutions. They maintain a vertically integrated approach, controlling key tages of production from research and development to manufacturing and after$-$sales service. This model ensures high roduct quality and allows the company to adapt swiftly to market demands.

The key business drivers for ABC Manufacturing Inc. include technological innovation, customer$-$centricity, global marke xpansion, operational efficiency, and sustainable growth strategies. Technological innovation drives product development vhile customer$-$centricity ensures that solutions meet specific industry requirements. Global market expansion anc perational efficiency support revenue growth and profitability, while sustainable growth strategies focus on environmenta esponsibility and long$-$term viability. ABC Manufacturing Inc. is considering a significant investment to move its nanufacturing facilities abroad and integrate advanced robotics and loT technologies. The decision aims to enhance roduction efficiency, reduce operational costs, and maintain competitive advantage in the global market. The company has onducted extensive feasibility studies to assess potential locations for its new manufacturing facilities. These studies onsider factors such as proximity to key markets, availability of skilled labor, logistical infrastructure, and regulatory nvironments. Additionally, ABC Manufacturing Inc. has engaged in strategic partnerships with local governments anc dustry leaders to facilitate smooth establishment and operation of the new facilities.