Asked by saurav basnet on Jun 01, 2024
Verified
Which of the following is most likely to affect the location decision of a service firm rather than a manufacturing firm?
A) energy and utility costs
B) attitude toward unions
C) parking and access
D) cost of shipping finished goods
E) labour costs
Location Decision
Deciding on the most optimal geographical site for a business's operations, facilities, or stores based on factors like cost, accessibility, and market demand.
Service Firm
A business that primarily offers intangible products, such as expertise or labor, rather than physical goods.
Parking and Access
Refers to the design and management of parking spaces and the ease with which people can access and leave these areas.
- Understand the importance of parking and access in service locations compared to manufacturing settings.
Verified Answer
ZK
Zybrea KnightJun 03, 2024
Final Answer :
C
Explanation :
Parking and access are more likely to affect the location decision of a service firm, as customers need easy access to the service location, compared to a manufacturing firm where the focus is on transportation of goods rather than customer access. The other factors such as energy and utility costs, attitude towards unions, cost of shipping finished goods, and labor costs may affect both service and manufacturing firms equally.
Learning Objectives
- Understand the importance of parking and access in service locations compared to manufacturing settings.