Choosing to locate near a cluster of component manufacturers would likely involve which location decision consideration?
A) National competitiveness
B) Proximity to markets
C) Proximity to suppliers
D) Land availability and cost

Question

Quizplus · Accepted Answer

Proximity to suppliers is critical in this scenario as it allows for reduced transportation costs and quicker access to necessary components. Being located near a cluster of component manufacturers provides this advantage. While national competitiveness and proximity to markets may also be important factors in location decision-making, they are not directly related to this specific scenario. Land availability and cost may also be a consideration, but it is secondary to the primary concern of proximity to suppliers.

Choosing to Locate near a Cluster of Component Manufacturers Would