An Important Issue in Facility Location Analysis Is Business Climate

question 36

Multiple Choice

An important issue in facility location analysis is business climate. An unfavorable business climate could be indicated by which of the following?

• A) Similar-sized businesses nearby
• B) The willingness of local politicians to provide favorable treatment for a consideration
• C) The presence of other foreign companies in the case of international locations
• D) The local presence of companies in the same industry
• E) An established educational institution nearby

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Definitions:

Gender Differences

Variations in characteristics, behaviors, roles, and expectations based on one's identified or perceived gender.

Traditional Values

Socially inherited norms and beliefs that are passed down through generations, typically emphasizing family roles, religion, and moral views.

Equity Theory

A theory of motivation that suggests fairness in the balance between an individual's inputs and outputs in a relationship contributes to their satisfaction.

Social Exchange Theory

A theory that suggests social behavior is the result of an exchange process aiming to maximize benefits and minimize costs.