Topic 8 Flashcards
1
Q
What is location planning?
A
Location planning is finding the best geographical location for an organisation’s activities.
2
Q
What factors are considered in choosing a location for an organisation’s activities?
A
Considerations in choosing a location include
customers,
suppliers,
personnel,
local conditions
and other factors.
3
Q
What tools can help with location selection?
A
Preference matrices, break-even analysis, load distance modelling, and centre of gravity calculations are tools that can help with location selection.
