Which of the Following Is Not an Accurate Statement Concerning

question 64

Multiple Choice

Which of the following is not an accurate statement concerning location decisions?

• A)Location decisions are influenced by the availability of labour.
• B)The starting point for location decision process is developing a list of potential locations.
• C)Location decisions generally involve long-term commitments.
• D)Visiting a number of potential sites is typically part of the location decision process.
• E)An organization's position in the supply chain influences location decisions.

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Definitions:

Management Strategies

Comprehensive plans and approaches adopted by a company’s management to achieve its objectives and sustain competitive advantage.

Exit Strategy

A plan designed for selling one's stake in a business or ending an investment, often to realize a profit or minimize losses.

Private Investors

Individuals or entities that invest their own funds into private businesses, startups, or real estate, seeking to earn a return.

Venture Capitalists

Individuals who fund early-stage companies and startups showing strong potential for expansion in return for ownership stakes.