Which of the Following Statements Regarding "Proximity" in the Location

question 80

Multiple Choice

Which of the following statements regarding "proximity" in the location decision is False?

• A) Service organizations find that proximity to market is the most critical primary location factor.
• B) Manufacturers want to be near customers when their product is bulky, heavy, or fragile.
• C) Perishability of raw materials is a good reason for manufacturers to locate near the supplier, not the customer.
• D) Reduction in bulk is a good reason for a manufacturer to locate near the supplier.
• E) Clustering among fast food chains occurs because they need to be near their labor supply.

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Definitions:

Carver's Model

A governance model created by John Carver that emphasizes the board's responsibility for the organization's purpose, direction, and overall policy.

Sarbanes-Oxley Act

United States federal law enacted in 2002 to protect investors from fraudulent accounting activities by corporations, including stringent record-keeping requirements.

Chief Executive Officer

The highest-ranking executive in a company or organization, responsible for making major corporate decisions, managing overall operations, and acting as the main point of communication between the board of directors and corporate operations.

Electing Board Members

The process by which individuals are chosen or voted into a board of directors, typically by shareholders or members of the organization, to serve and make decisions on its behalf.