Which statement best characterizes a typical search for location alternatives?
A) Identify the best location choice.
B) Minimize cost consequences.
C) Maximize associated profits.
D) Locate near markets.
E) Identify acceptable locations.

Question

Quizplus · Accepted Answer

A typical search for location alternatives involves identifying acceptable locations that meet the company's needs and requirements. This process may involve considering factors such as proximity to suppliers, access to transportation, availability of skilled labor, and local infrastructure. While minimizing costs and maximizing profits are important considerations, the primary goal is to find a location that meets the company's needs and allows it to operate effectively. Therefore, the best choice is to identify acceptable locations (option E).

Which Statement Best Characterizes a Typical Search for Location Alternatives