Which of the Following Issues Is (Are)important to Consider When

question 5

Multiple Choice

Which of the following issues is (are) important to consider when trying to determine the location of a firm's facilities?

• A)​The stability in the location considered
• B)​Environmental issues regulated by domestic laws or international trade agreements
• C)​Access to suppliers from the location considered
• D)​All of these

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Definitions:

Purpose

The reason for which something is done or created or for which something exists.

Sampling Error

The difference between a sample statistic used to estimate a population parameter and the actual but unknown value of the parameter.

Generalizability

The extent to which findings from a study can be applied to larger populations or different contexts beyond the original study conditions.

Statistic

A numerical value that describes a sample characteristic, obtained from data analysis.