Which of the following is true about choosing a location for a small business?
A) A business owner chooses a location such that he or she can change it frequently.
B) Employees are never adversely affected when a firm changes its location.
C) Company location is a major factor in success or failure of the business.
D) Customers tend to readily follow the business whenever it shifts locations.

Question

Quizplus · Accepted Answer

The location of a business is a crucial factor in determining its success or failure. The accessibility, visibility, and economic environment of the location play a significant role in attracting customers and employees. Changing a location frequently can lead to confusion and frustration among customers and employees, resulting in a decrease in business revenues. Therefore, it is important for a business owner to carefully consider the location of their business before opening or relocating it.

Which of the Following Is True About Choosing a Location