(a). In 200 words or more, explain the importance of location strategy to an organization.

Understanding Business
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ISBN:9781259929434
Author:William Nickels
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Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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(a). In 200 words or more, explain the importance of location strategy to an organization.

(b). Pick an organization currently in operations. Explain what type of layout strategy you view they adopt, and why you think they use that strategy.

(c). Layout strategies provide several strategic advantages for an organization. Pick one advantage listed in the text and discuss how you would apply it if you were an operations manager in an organization.

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Since you have asked multiple question, as per the guidelines, I am answering the first question for  you. If you want the solution for the other 2 questions, please re-submit them separately.

 

A) Location Strategy

Location Strategy can be defined as a process, which assists the organization in deciding what would be the best location for its offices, manufacturing units, Head Quarters etc. There are various factors which an organization needs to analyze before adoption a location for its offices and/or factories. These factors are cost, proximity to local businesses, competition etc.

 

 

 

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