In Making a Location Decision, Businesses Seldom Consider "Quality of Life

question 255

True/False

In making a location decision, businesses seldom consider "quality of life" in various locations, because factors that influence quality of life have little or no impact on profits.

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Definitions:

Extrinsic Rewards

Benefits and/or rewards that come from an external source, such as money, promotions, or praise.

Intrinsic Rewards

Intrinsic rewards are personal satisfactions and gratifications that one receives from the work itself, rather than from external rewards.

Control

The process of regulating organizational activities to make them consitent with the expectations established in plans, targets, and standards of performance.

Organizational Processes

Are mechanisms and structured activities within an organization that contribute to its effective functioning, including decision-making, communication, and coordination.