Podcast
Questions and Answers
What is the most important factor in real estate?
What is the most important factor in real estate?
- Proximity to customers
- Facility location
- Financial investment
- Location (correct)
What is a potential advantage of locating facilities around the world?
What is a potential advantage of locating facilities around the world?
- Loss of control of proprietary technology
- Increased political risks
- High inflation
- Inside track to foreign markets (correct)
What is a consideration when evaluating a potential facility location?
What is a consideration when evaluating a potential facility location?
- Local wage rates (correct)
- Access to public transportation
- Proximity to suppliers
- Proximity to competitors
What is a potential disadvantage of globalization?
What is a potential disadvantage of globalization?
How many steps are involved in making location decisions?
How many steps are involved in making location decisions?
What is the first step in the general procedure for location decision making?
What is the first step in the general procedure for location decision making?
Which option is not available for existing companies in location planning?
Which option is not available for existing companies in location planning?
Which location decision objective is not affected by accessibility, consumer demographics, and traffic patterns?
Which location decision objective is not affected by accessibility, consumer demographics, and traffic patterns?
Which of the following is not a factor for location decisions arising?
Which of the following is not a factor for location decisions arising?
Which of the following is not a procedure/tool for evaluating location alternatives?
Which of the following is not a procedure/tool for evaluating location alternatives?
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