Which of the Following Statements About Facility Location Is Most

question 246

Multiple Choice

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

• A) No firms are influenced by labor costs when making decisions about where to locate.
• B) Recent changes in information technology have led firms to favor locations near major urban areas.
• C) Manufacturers often seek to reduce time-to-market by locating facilities in areas with access to key modes of transportation.
• D) 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.

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Definitions:

Sensory Cortex

The part of the brain responsible for processing sensory information from various parts of the body, allowing for perception and response to environmental stimuli.

Neurosurgeon

A medical specialist who performs surgery on the brain, spinal cord, and other parts of the nervous system.

Tumor

An abnormal growth of cells that can be benign (non-cancerous) or malignant (cancerous).

Reward Centers

are areas in the brain that are activated during pleasurable activities, releasing neurotransmitters that produce feelings of satisfaction and motivation.