Location Decision

Location decision is important due to the .....

• shareholders's opinion

• customers' opinion

• input decisions

• output decisions

Below are the characteristics of location decisions, except...

• require input from the customers

• strategic in nature

• difficult to reverse

• decided at the highest level of management

Which one is the feature of a store's location?

• Difficult to employ good quality labor

• Located on an accessible street

• The land size is huge but not as expensive as the land on the center of the city

• The location is not too crowded with potential customers

Define optimal location.

• Optimal location is a business that operates from more than one location

• Optimal location is a business location that give more emphasize on quantitative factors

• Optimal location is a business location that gives

  the best combination of

  quantitative and qualitative

  factors

• Optimal location is a business location that give more emphasize on qualitative factors

Business attempt to balance high fixed costs of the site & buildings with convenience for customers and .......................

Which one is not the disadvantage of non-optimal location?

• Expensive fixed site cost

• High variable cost

• Low employment rate

• Appropriate transport infrastructure

Quantitative factors are the measurable financial terms and will have direct impact to ................................................. and revenues/profitability

Which factor is included as part of main quantitative factors?

• Government grants

• Stationery source

• Gasoline source

• Promotional expenses

A business would like to have operation on multi site locations so it will be able to access ...............................since it is more flexible to have the direct operation in the country

Which one is the problem of operating on multi site location?

• Good educational standards

• Reducing operational cost

• Business want to avoid import and export taxes

• Supply chain concerns