The First Step Managers Need to Take When Making Facility

question 70

Multiple Choice

The first step managers need to take when making facility location decisions is ___________________.

• A) begin negotiations with governments for several potential locations
• B) identify specific location possibilities
• C) gather information on location alternatives
• D) evaluate specific sites
• E) identify the location factors that are dominant for the business

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Definitions:

Sales Discounts

Reductions granted on the selling price of goods or services to encourage prompt payment by customers.

Sales Returns

Transactions where customers return previously purchased merchandise, leading to a refund or credit.

Sales Returns

Transactions where customers return previously purchased merchandise, leading to a deduction from the gross sales to arrive at the net sales figure.

Debit Balance

A situation where the total debits exceed the total credits in an account.