A Certain Organization Trying to Decide Where to Locate Their

question 29

Multiple Choice

A certain organization trying to decide where to locate their future factory is considering three locations.They are taking into account three factors: labor costs,currency stability,and proximity to market.Using the weights for each factor listed below and the scores achieved by each of the three considered locations,determine which location should be chosen for the new facility based on the weighted factory location model.
                                                                                           SCORES(Maximum 100)
$\begin{array}{lcccc}\text { FACTOR } & \text { WEIGHT } & \text { SITE A } & \text { SITE B } & \text { SITE C } \\\hline \text { Labor Cost } & 0.30 & 90 & 80 & 80 \\\text { Currency Stability } & 0.40 & 80 & 85 & 80 \\\text { Proximity to Market } & 0.30 & 80 & 80 & 80\end{array}$

• A) Site A
• B) Site B
• C) Site C
• D) All sites are equally attractive

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Definitions:

Fashion Footprint

The environmental and social impact of the fashion industry, including factors like resource consumption and labor conditions.

Strategic Marketing Process

A strategic approach to planning, executing, and evaluating the marketing efforts of an organization to achieve its business objectives.

Implementation Phase

The stage in a project or plan where strategies are executed and the ideas or concepts are put into action.

Evaluation Phase

A stage in a process where the outcomes are assessed to determine their success, effectiveness, or value compared to the stated objectives or criteria.