The Centre of Gravity Method Is a Location Planning Technique

question 16

True/False

The centre of gravity method is a location planning technique that determines a composite score from factor evaluation.

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Definitions:

Competitor Analysis

The process of evaluating the strengths and weaknesses of competing entities within the same market to strategize better positioning.

Corporate Culture Analysis

The examination of the values, behaviors, practices, and norms that define the environment of a business organization.

Organizational Culture

A system of shared assumptions, values, and beliefs, which governs how people behave in organizations.

Corporate Subculture

Subsets within an organization's culture that reflect the values, beliefs, and behaviors of specific departments, teams, or groups.