A Good Reason for Relocating a Typical Manufacturing Business Is

question 26

Multiple Choice

A good reason for relocating a typical manufacturing business is to:

• A)stabilise income taxes.
• B)increase customer traffic.
• C)be closer to raw materials.
• D)provide free-flow space.

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Definitions:

Not-for-Profit Organizations

Organizations that operate for purposes other than making a profit, often focused on social, educational, or charitable activities.

General Corporations

A legal entity created by individuals, stockholders, or shareholders, with the purpose of operating for profit. Corporations have legal rights, liabilities, and can enter contracts.

Capital Item

Long-lasting goods that a firm acquires and uses in the production of other goods or services that have a life span extending beyond one year.

Specialty Products

Goods or services that are perceived as unique or high-value by consumers, often requiring a significant effort to search for and purchase.