Which of the Following Is a Location Option That Management

question 47

Multiple Choice

Which of the following is a location option that management can consider in location planning?
I. Expand an existing facility.
II. Add a new location.
III. Relocate from one location to another.
IV. Do nothing.

• A) I and II only.
• B) I and III only.
• C) II and IV only.
• D) I, II, and III only.
• E) I, II, III, and IV.

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Definitions:

Interest Rates

The cost of borrowing money or the return on invested capital, expressed as a percentage of the principal, affecting economic activity by influencing spending and saving behaviors.

Unemployment

The situation in which individuals who are capable of working and are seeking work are unable to find employment.

Marginal Propensity

The ratio of change in an economic variable (such as consumption) that occurs with a change in another variable (such as income).

Investment Accelerator

The concept that suggests investment spending in an economy may increase due to growth in overall economic activity, boosting further growth.