Consider Any Two Factors That a Service Operation Assigns the Greatest

question 60

Essay

Consider any two factors that a service operation assigns the greatest weight when making a location decision.Using those two factors,identify one local service operation that likely used one of those factors as their top priority and a different service operations that likely used the other of your two factors as their dominant criterion.Briefly describe the business and justify your assignment of each factor as the overriding concern.

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Definitions:

Perpetual

A system of inventory management where records are updated immediately following a sale or purchase of goods.

Merchandise Inventory

The total value of a business's commodities or goods available for sale to customers at any given time.

Accounts Payable

The amount owed by a business to its suppliers or creditors for goods and services received but not yet paid for.

Cash

A current asset account that represents currency or currency equivalents that can be accessed immediately or near-immediately.