Which of the Following Is Most Likely to Affect the Location

question 219

Multiple Choice

Which of the following is most likely to affect the location decision of a service firm rather than a manufacturing firm?

• A) energy and utility costs
• B) attitude toward unions
• C) parking and access
• D) cost of shipping finished goods
• E) labor costs

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Definitions:

Net Loss

Occurs when a company's total expenses exceed its total revenues during a specific period, indicating negative profitability.

Revenue Accounts

Accounts that track the income earned from the sale of products or services.

Capital

Capital refers to the financial resources that businesses use to fund their operations and grow, including equity, debt, and retained earnings.

Assets

Resources owned by a company that have economic value and are expected to provide future benefits.