Which of the Following Is Not a Location Option That

question 41

Multiple Choice

Which of the following is not a location option that management can consider in location planning?

• A) Expand an existing facility.
• B) Add a new location.
• C) Relocate from one location to another.
• D) Do nothing.
• E) All of the choices.

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Definitions:

Causation

The relationship between cause and effect, where one event (the cause) directly results in another event (the effect).

Normative Analysis

An approach in economics that involves value judgments or opinions about what the economy should be like or what particular policy actions should be recommended.

Macroeconomics

A branch of economics that deals with performance, structure, behavior, and decision-making of an economy as a whole, rather than individual markets.

Microeconomics

The branch of economics that focuses on the actions of individuals and industries, like the dynamics between buyers and sellers, borrowers and lenders.