Discussion 300 words
Discussion 300 words
Why is location of such strategic importance? Several location strategies have been reviewed in the reading this week. Select one. Describe it. How does it contribute to an organization’s overall strategy? Lastly, How are service and industrial-sector location analysis similar? How are they different? Please defend your answers.
| INDUSTRY | LOCATIONS | REASON FOR CLUSTERING | |
| Theme parks (Disney World, Universal Studios, and Sea World) | Orlando, Florida | A hot spot for entertainment, warm weather, tourists, and inexpensive labor | |
Answer Preview…………….
Being at the right location is a crucial ingredient for business success. The choice of a firm’s location is dependent on the cost factors and infrastructure in the region. The cost reducing factors play a crucial role in leading firms to localize close to their primary customers or suppliers as it attempts to reduce the cost of inter-firm transactions by the…………………….
APA 371 words