Industrial location analysis typically attempts to

A) minimize costs.
B) maximize sales.
C) focus more on human resources.
D) avoid countries with strict environmental regulations.
E) ignore exchange rates and currency risks.

Question

Ashley Golston · Accepted Answer

Final Answer : A, Explanation :  Industrial location analysis is primarily concerned with minimizing costs such as transportation, labor, raw materials, taxes, and regulatory compliance costs. By locating in areas with the lowest costs, companies can improve their competitive position and profitability. Maximizing sales, focusing more on human resources, and avoiding countries with strict environmental regulations are not primary concerns in industrial location analysis. Exchange rates and currency risks may also be considered but are not as critical as cost factors.

Industrial location analysis typically attempts to

A) minimize costs.
B) maximize sales.
C) focus more on human resources.
D) avoid countries with strict environmental regulations.
E) ignore exchange rates and currency risks.

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Learning Objectives

Learning Objectives

Related questions

Industrial location analysis typically attempts toA) minimize costs.B) maximize sales.C) focus more on human resources.D) avoid countries with strict environmental regulations.E) ignore exchange rates and currency risks.

Definitions

Learning Objectives

Learning Objectives

Related questions

Industrial location analysis typically attempts to

A) minimize costs.
B) maximize sales.
C) focus more on human resources.
D) avoid countries with strict environmental regulations.
E) ignore exchange rates and currency risks.