Which of the Following Statements About Facility Location Is Most

question 144

Multiple Choice

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

• A) Very few firms are still 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:

Crime Rates

The frequency of crimes occurring within a specific geographical area or population over a set period of time, often used as an indicator of social stability or unrest.

Behavior

The actions or reactions of an individual or group in response to external or internal stimuli.

Differential Association Theory

A sociological theory proposing that individuals learn deviant behavior from those close to them who provide models of and opportunities for deviance.

Structural Functionalism

A theory within sociology that considers society as a sophisticated system where its elements collaborate to ensure unity and stability.