The most common approach to selecting a site for a new location is to
A) look for bargains.
B) do a cost-benefit analysis.
C) identify expansion possibility.
D) evaluate the labor supply.
E) none of these.

Question

Quizplus · Accepted Answer

Doing a cost-benefit analysis is the most common approach to selecting a site for a new location. This involves weighing the potential costs and benefits of various options to determine the most favorable choice. While labor supply and expansion possibility are important factors to consider, they are often included in the cost-benefit analysis. Looking for bargains may not always lead to the best long-term solution.

The Most Common Approach to Selecting a Site for a New