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Location Analysis in Real Estate and Facility Location

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Location Analysis in Real Estate and Facility Location

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Questions and Answers

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?

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?

Local wage rates (correct)

Access to public transportation

Proximity to suppliers

Proximity to competitors

What is a potential disadvantage of globalization?

Loss of control of proprietary technology Signup and view all the answers

How many steps are involved in making location decisions?

3 Signup and view all the answers

What is the first step in the general procedure for location decision making?

Deciding on the criteria to use for evaluating location alternatives Signup and view all the answers

Which option is not available for existing companies in location planning?

Do nothing indefinitely Signup and view all the answers

Which location decision objective is not affected by accessibility, consumer demographics, and traffic patterns?

Beginning of the supply chain Signup and view all the answers

Which of the following is not a factor for location decisions arising?

A shift in management personnel Signup and view all the answers

Which of the following is not a procedure/tool for evaluating location alternatives?

M-U theory Signup and view all the answers