Which of the following statements regarding locating demand sensitive businesses is false?
A) Statistical methods such as linear regression are used to refine the choice of locations.
B) The location should be chosen based on demand.
C) GIS methods require the use of demographic information and the most current map information.
D) The factor rating method is one of the simplest methods to use.

Question

Quizplus · Accepted Answer

The false statement is that the location should be chosen based solely on demand. While demand is a critical factor, other factors such as cost, competition, and accessibility also play significant roles in the decision-making process for locating demand-sensitive businesses.

Which of the Following Statements Regarding Locating Demand Sensitive Businesses