Which Major Locational Determinant Considers Locating near the Competition

question 14

Multiple Choice

Which major locational determinant considers locating near the competition?

• A) Labor climate
• B) Quality of life
• C) Company preference
• D) Supplier networks

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Definitions:

Guarantees

Commitments or assurances provided to ensure satisfaction with a product or service, emphasizing the provider's confidence in meeting specified standards.

Value for Money

The measure of something's worth or utility compared to its cost.

Overcome Resistance

The process of addressing and mitigating objections or reluctance in order to persuade or achieve cooperation.

Price

The amount of money expected, required, or given in payment for something.