5 Questions
What are the primary factors that lead to the industrialization of a particular area for manufacturing?
Material, labor, and presence of similar manufacturing facilities
Which of the following is NOT mentioned as an important factor for a company operating in a global environment?
Proximity to competitors
What is the purpose of a right location for an organization in the current global competitive environment?
All of the above
Which of the following factors is considered a secondary factor in the location selection process?
Available credit finance
Which of these is NOT mentioned as an important factor in the location selection process?
Geographical area
Learn about the various factors that influence the selection of a location for a company, including cost, infrastructure, labor skill, government policies, and environment. Understand the importance of geographic area in choosing the right location for success in a global competitive environment.
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