Which of the Following Statements About Facility Location Is Most

question 62

Multiple Choice

Which of the following statements about facility location is most accurate?

• A)Very few firms are still influenced by labour costs when making decisions about where to locate.
• B)Recent changes in information technology have led firms to favour locations near major urban areas.
• C)No matter how large they become,most companies ultimately choose to locate major facilities within a few miles of the area in which they started business.
• D)Manufacturers often seek to reduce time-to-market by locating facilities in areas with access to key modes of transportation.

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Definitions:

Per-Unit Tariff

A fixed fee charged by a government on each unit of goods imported, intended to protect domestic industries.

High Tariffs

Elevated taxes imposed on imported goods, typically used to protect domestic industries from foreign competition.

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Bicycles manufactured in Germany, known for their quality, engineering, and design.

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A country in North America, known for its significant economic, political, and cultural influence globally.