A major organizational asset of a business is its location.

Question

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The location of a business can have a significant impact on its success. Factors such as accessibility, visibility, and proximity to customers and suppliers can all play a role in determining the competitiveness and profitability of a business. Additionally, some businesses may be located in areas with favorable tax policies, supportive local government, or access to resources or talent, all of which can further enhance their value as organizational assets.

A Major Organizational Asset of a Business Is Its Location