Location economics benefits arise from performing a value creation activity in the location optimal for that activity, wherever in the world that might be.

Question

Quizplus · Accepted Answer

Location economics refers to the economic benefits that are gained by performing an activity in the location that is best suited for that activity. This can be anywhere in the world, and the goal is to maximize the efficiency and effectiveness of the activity by being in the optimal location. So, the statement is true.

Location Economics Benefits Arise from Performing a Value Creation Activity