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Do you agree or disagree on this discussion board prompt over location in a global market. The prompt gives the definition for location, a summary
Do you agree or disagree on this discussion board prompt over "location in a global market". The prompt gives the definition for location, a summary of an article that discusses location, and a short discussion relating the article to location in global market. Please share your thoughts, agreements or disagreements. The prompt is below:
1. Definition: Location describes where a business decides to site its operations. This decision can have an affect on costs and revenues. 2. Summary: The article, "Evaluating the importance of business location factors: The influence of facility type: Importance of business location factors", by Shelley Kimelberg, seeks to investigate the importance of location of a business based on several different possible factors. Most studies on location are keen on finding out what locations are best based on what industry the business defines itself in. However, Kimelberg decided to take this a step further to try to understand the significance of location based on the facility type of the building as well. She found that certain types of facilities, such as offices for example, found it much more important to be in a location known for having a better quality of life rating, compared to a facility like a manufacturing plant might. The article takes these findings and discusses the possible implications that they may have on future location decision making. 3. Discussion: This article relates to the key term \"location" by addressing the major impact that location has on a location's efficiency. The author gives an in depth look at how different criteria can affect certain types of businesses in multiple different ways. It is relative to this chapter because this chapter's main focus is the importance of global markets. A major part of global marketing is determining what location to operate fromStep by Step Solution
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