A company wants to locate a new warehouse to minimize the distance travelled by its delivery trucks. It has four stores and their coordinates are listed in the accompanying spreadsheet. What formulas should go in cells D4:D9 of the spreadsheet for this problem?
Definitions:
International Market
Refers to the economic activities and exchanges that involve the trade of goods, services, technology, and capital across national borders.
Situation Analysis
An evaluation of an organization's current state, including its internal conditions and external environment, to identify strengths, weaknesses, opportunities, and threats.
SWOT Analysis
A strategic planning tool that helps organizations identify their Strengths, Weaknesses, Opportunities, and Threats related to business competition or project planning.
Competition Analysis
The process of identifying, assessing, and analyzing competitors in the market to understand their strengths, weaknesses, strategies, and market position.
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