Final answer:
Rhett plans to relocate some designer lines to manufacturers in India, Bangladesh, and Turkey to lower costs and speed up market delivery. This business strategy involves expanding or reducing production, adjusting prices, and managing facilities and workforce to meet market demand efficiently.
Step-by-step explanation:
Rhett plans to relocate a few of his designer lines to reduce time and cost in getting new styles to global markets. By sending designs to manufacturers in India, Bangladesh, and Turkey, Rhett can expand or reduce production depending on the region's demand, set the price they choose, and open new factories or sales facilities as needed. This strategic move allows Rhett to be more flexible in managing resources, such as the ability to hire workers or to lay them off according to the production requirements, and to start selling new products or stop selling existing ones to adapt to market changes.
Such relocations are part of a global trend where companies organize global assembly lines. For example, companies like Apple create a product design in one nation and then have various components manufactured and assembled in others, optimizing costs and reaching markets more effectively. In a historical context, this type of business decision is similar to clothing corporations that shut down U.S. factories and relocated to countries like China to take advantage of lower labor costs and improved access to international markets.