Outline the factors important when selecting a state in which to locate a business.
Answer to relevant QuestionsWhat factors should a seafood processing plant, a beauty shop, and an exclusive jewelry store consider in choosing a location? List factors for each type of business. Why may a “cheap location” not be the “best location”? Why must entrepreneurs learn to think globally? What mistakes are first-time exporters most likely to make? What is leadership? What is the difference between leadership and management?
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