
Economic Theories and Models Quiz
Authored by Nedko Minchev
Business
2nd Grade
Used 3+ times

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14 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is ranked as the most important criterion for location decision according to Table 8?
Product quality
Territory enthusiasm and dynamism
Proximity and access to an international airport
Capacity to exchange know-how
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which category has the highest percentage of criteria considered important or very important by more than 50% of companies?
Strategy and governance
Performance and risks
Territory
Product quality
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to the article, what is an important criterion for a company's location strategy?
Innovation capacity
Proximity to airports
Number of employees
Office size
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the paper suggest is necessary for understanding location issues?
A global vision of value creation and value capture
A focus on cost reduction
An increase in workforce
A decrease in product quality
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the key elements in location decisions for corporate activities?
Product quality, market proximity, and time to market
Cost of production, fiscal pressure, and labor costs
Supply chain management, inventory, and automation
High schools, universities, and research centers
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the location context help companies to create?
High labor costs
Weak fiscal pressure
Favorable conditions for communication and confidence
Increased production costs
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a surprising observation about the criteria for location decisions?
The weak significance of supply and suppliers
The importance of high schools and universities
The focus on product quality and market proximity
The emphasis on labor costs and fiscal pressure
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