How Does a Company Decide Where to Locate a Business

question 112

Multiple Choice

How does a company decide where to locate a business facility?

• A) The decision is almost always based on the availability of skilled labour.
• B) The decision usually requires the analysis of several different factors, but the importance of each factor tends to vary according to the specific type of industry.
• C) The decision is made based on the expense of purchasing the land.
• D) The decision usually boils down to where the top manager wants to live.

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Definitions:

Negative Connotations

The unfavorable associations or implications that words, symbols, or concepts may carry, influencing perceptions and attitudes.

Brand Asset

Any valuable component, tangible or intangible, that is associated with a brand and contributes to the equity of the brand.

Uncluttered

Describes a space, design, or layout that is tidy and free from excess items or complications, often resulting in a clear and understandable arrangement.

Good Logo

represents a well-designed emblem or symbol that effectively communicates the identity and values of a brand.