A small manufacturer is considering several locations for a new facility.They have identified four factors that they consider to be important for their location decision.They have decided to assign scores to the four factors,with a higher score indicating a more favorable location.Use the information in the following table to perform a factor rating to select the best location.
Definitions:
Political Integration
The process of combining different political entities, often sovereign states, into a single political unit or organization to achieve greater stability and governance.
Common Currency
A currency that is used by multiple countries, facilitating trade and economic policy coordination.
Foreign Subsidiary
A company that is based in one country but is owned or controlled by a parent company from another country.
Reshoring
What occurs when firms move jobs back home from foreign locations.
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