Asked by
Yasmin Gonzalez
on Nov 09, 2024
Verified
If a service business is visited by the customer, location is not critical. The customer will find the business.
Service Business
A type of business that provides intangible products, such as expertise or time, to customers.
Location
The particular place or position where a person or property, especially a business, is situated, influencing factors like accessibility, visibility, and convenience.
Customer
An individual or business that purchases goods or services from a company.
- Recognize the critical role of location in strategic business planning.
- Evaluate the effects of locational elements on the workings of a business and the movement of customers.
Verified Answer
YK
Learning Objectives
- Recognize the critical role of location in strategic business planning.
- Evaluate the effects of locational elements on the workings of a business and the movement of customers.