The Choice of a Particular Location for Production Facilities

question 145

Multiple Choice

The choice of a particular location for production facilities

• A) depends solely on the transportation costs from suppliers.
• B) depends entirely on the availability of skilled and unskilled workers.
• C) is based entirely on the geographic locations of suppliers of parts.
• D) depends mainly on the arrangement of machinery, equipment, and personnel.
• E) often involves balancing the variables.

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Definitions:

Rule Utilitarianism

A form of utilitarianism that suggests the best action is one that conforms to a rule that leads to the greatest good.

Greatest Good

A principle often associated with utilitarianism, focusing on actions that produce the highest level of happiness or benefit for the greatest number of people.

Rules

Guidelines or principles governing conduct, operation, or procedure within a specific area or entity, designed to provide order and predictability.

Stakeholder Model

A theory of organizational management and business ethics that addresses the morality and values in managing an organization by considering all stakeholders involved.