You have decided to open a company that produces wooden furniture, and you must select a suitable
Question:
You have decided to open a company that produces wooden furniture, and you must select a suitable location for production. The first option is in a remote region of Montana with easy access to abundant raw materials but far away from a skilled worker base. The second option is in Southern California in close proximity to many skilled workers as well as several major highways for distribution. Which location would you choose for your business and why?
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The location decision for production must weigh many factors including the transportation human and ...View the full answer
Answered By
Anurag Agrawal
I am a highly enthusiastic person who likes to explain concepts in simplified language. Be it in my job role as a manager of 4 people or when I used to take classes for specially able kids at our university. I did this continuously for 3 years and my god, that was so fulfilling. Sometimes I've skipped my own classes just to teach these kids and help them get their fair share of opportunities, which they would have missed out on. This was the key driver for me during that time. But since I've joined my job I wasn't able to make time for my passion of teaching due to hectic schedules. But now I've made a commitment to teach for at least an hour a day.
I am highly proficient in school level math and science and reasonably good for college level. In addition to this I am especially interested in courses related to finance and economics. In quest to learn I recently gave the CFA level 1 in Dec 19, hopefully I'll clear it. Finger's crossed :)