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One Element of the Location Decision Common to All Businesses

question 32

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One element of the location decision common to all businesses is the need to locate where customers want to do business.


Definitions:

Dependent Variable

In an experiment, it's the variable being tested and measured, affected by manipulations of the independent variable.

Independent Variable

In experimental and statistical research, the variable that is manipulated or changed to observe its effect on a dependent variable.

Dependent Variable

In experimental research, it is the variable that is measured to see if it is influenced by the independent variable.

Experiment

A research method used to test hypotheses and establish cause-and-effect relationships between variables, through controlled conditions and manipulation of one or more variables.

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