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- 1. Multiple Choice
Location decision is important due to the .....
shareholders's opinion
customers' opinion
input decisions
output decisions
- 2. Multiple Choice
Below are the characteristics of location decisions, except...
require input from the customers
strategic in nature
difficult to reverse
decided at the highest level of management
- 3. Multiple Choice
Which one is the feature of a store's location?
Difficult to employ good quality labor
Located on an accessible street
The land size is huge but not as expensive as the land on the center of the city
The location is not too crowded with potential customers
- 4. Multiple Choice
Define optimal location.
Optimal location is a business that operates from more than one location
Optimal location is a business location that give more emphasize on quantitative factors
Optimal location is a business location that gives
the best combination of
quantitative and qualitative
factors
Optimal location is a business location that give more emphasize on qualitative factors
- 5. Fill in the Blank
Business attempt to balance high fixed costs of the site & buildings with convenience for customers and .......................
- 6. Multiple Choice
Which one is not the disadvantage of non-optimal location?
Expensive fixed site cost
High variable cost
Low employment rate
Appropriate transport infrastructure
- 7. Fill in the Blank
Quantitative factors are the measurable financial terms and will have direct impact to ................................................. and revenues/profitability
- 8. Multiple Choice
Which factor is included as part of main quantitative factors?
Government grants
Stationery source
Gasoline source
Promotional expenses
- 9. Fill in the Blank
A business would like to have operation on multi site locations so it will be able to access ...............................since it is more flexible to have the direct operation in the country
- 10. Multiple Choice
Which one is the problem of operating on multi site location?
Good educational standards
Reducing operational cost
Business want to avoid import and export taxes
Supply chain concerns
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