Choose a service/retail business and answer the following questions: (I recommend choosing an actual case) Identify some
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Choose a service/retail business and answer the following questions: (I recommend choosing an actual case)
- Identify some reasons (at least three reasons) why business owner(s) locate their business in that particular location.
- Identify different categories of spatial decisions (i.e., Strategic, Operational, and Quasi-Operational) and provide examples for each type.
- Is "locational decoupling" applicable to this business? How? If they do not have spatial separation for their business processes., how would you consider applying locational decoupling for this business?
- How do you evaluate the role of demand, the proximity of production input, and competitors in making spatial decisions? How each of these factors may impact the business's performance.
- Based on your identified factors in previous questions, write a linear regression model that explains business performance as a function of multiple locational variables. Please note, no data is required, just the formula
- In general, are there any shortcomings in their locational decisions?
Related Book For
Accounting Business Reporting For Decision Making
ISBN: 9780730302414
4th Edition
Authors: Jacqueline Birt, Keryn Chalmers, Albie Brooks, Suzanne Byrne, Judy Oliver
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