Location Planning And Analysis

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Question 1

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True/False

Location decisions are basically one-time decisions usually made by new organizations.

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False

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Question 2

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True/False

The fact that most types of firms are located in every section of the country suggests that in many cases, location decisions are not overly important; one location typically is as good as another.

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False

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Question 3

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True/False

You cannot make a mistake by locating where labor costs are low.

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Question 4

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True/False

Advanced communications has aided globalization.

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Question 5

Free

True/False

The first step in developing location alternatives is identifying important factors.

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Question 6

True/False

An example of a regional factor in location planning is the location of our markets (either existing or potential).

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True

False

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Question 7

True/False

A strategy that emphasizes convenience for the customers would probably select a single very large facility.

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Question 8

True/False

For service organizations, the dominant factors in location analysis usually are market-related.

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Question 9

True/False

Labor laws are an important site-related factor.

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False

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Question 10

True/False

Web-based, retail businesses should be located near the customer to reduce their long distance phone charges.

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True

False

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Question 11

True/False

For service and retail stores, a prime factor in location analysis is customer access.

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Question 12

True/False

Retail businesses generally prefer locations that are not near other retailers, as this reduces their competition.

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False

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Question 13

True/False

Technology has made communication with global operations as easy as local communication.

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False

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Question 14

True/False

Factor rating is limited to quantitative information concerning location decisions.

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True

False

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Question 15

Multiple Choice

For service firms such as banks and supermarkets, location decisions are critical elements of __________ strategy.

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marketing

pricing

promotional

efficiency

effectiveness

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Question 16

Multiple Choice

When service firms such as retailers or banks make growth-spurred location decisions, typically these involve:

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finding new sources of resources to replace exhausted ones.

adding new locations rather than expanding existing ones.

closing down existing locations and opening new ones elsewhere.

expanding existing locations rather than adding new ones.

downsizing existing locations and opening new ones elsewhere.

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Question 17

Multiple Choice

When making location decisions, nonprofit organizations differ from for-profit ones in seeking a balance between:

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profits and opportunities.

costs and revenues.

costs and customer servicE.

growth and stability.

stability and opportunity.

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Question 18

Multiple Choice

In regards to supply chain management and the location decision, a primary challenge is to address _______________ distribution.

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insourced vs. outsourced

strategic vs. tactical

local vs. global

centralized vs. decentralized

anticipatory vs. reactive

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Question 19

Multiple Choice

In general, managing global operations is made easier by and .

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political uncertainty; currency devaluation

differentiation strategies; diversified markets

low interest rates; price-sensitive customers

cost-leadership strategies; labor productivity

freer trade; technology

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Question 20

Multiple Choice

Among the potential disadvantages of having global operations is/are:

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low labor productivity.

less restrictive environmental regulation.

lower wage costs.

proximity to global markets.

favorable liability laws.

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Location Planning And Analysis

Location decisions are basically one-time decisions usually made by new organizations.

The fact that most types of firms are located in every section of the country suggests that in many cases, location decisions are not overly important; one location typically is as good as another.

You cannot make a mistake by locating where labor costs are low.

Advanced communications has aided globalization.

The first step in developing location alternatives is identifying important factors.

An example of a regional factor in location planning is the location of our markets (either existing or potential).

A strategy that emphasizes convenience for the customers would probably select a single very large facility.

For service organizations, the dominant factors in location analysis usually are market-related.

Labor laws are an important site-related factor.

Web-based, retail businesses should be located near the customer to reduce their long distance phone charges.

For service and retail stores, a prime factor in location analysis is customer access.

Retail businesses generally prefer locations that are not near other retailers, as this reduces their competition.

Technology has made communication with global operations as easy as local communication.

Factor rating is limited to quantitative information concerning location decisions.

For service firms such as banks and supermarkets, location decisions are critical elements of __________ strategy.

When service firms such as retailers or banks make growth-spurred location decisions, typically these involve:

When making location decisions, nonprofit organizations differ from for-profit ones in seeking a balance between:

In regards to supply chain management and the location decision, a primary challenge is to address _______________ distribution.

In general, managing global operations is made easier by __________ and __________ .

Among the potential disadvantages of having global operations is/are:

In general, managing global operations is made easier by and .