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State the Fundamental Objective of a Firm's Location Strategy

question 14

Essay

State the fundamental objective of a firm's location strategy. How is this basic objective carried out by industrial or goods-producing firms; how does that differ for service firms?
Answer in a clear, convincing paragraph.


Definitions:

Precludes

Prevents something from happening or someone from doing something; acts as a barrier.

Rules of Precedent

Legal principles that dictate that courts should follow the rulings of previous cases in similar circumstances to ensure consistency in the law.

Enforce Decisions

The act of ensuring that the judgments or resolutions made by a court or authoritative body are implemented.

Charter of Rights and Freedoms

A foundational legal document in Canada, part of the Constitution, protecting various civil liberties and freedoms.

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