When evaluating location alternatives the firm should look at
A) only qualitative factors
B) only quantitative factors
C) both qualitative and quantitative factors
D) weighted average values
E) decision support models only

Question

Quizplus · Accepted Answer

The evaluation of location alternatives should consider both qualitative and quantitative factors as they provide a comprehensive understanding of the benefits and drawbacks of each location. Important quantitative factors include labor costs, transportation costs, tax rates, and availability of resources, while qualitative factors such as community fit, quality of life, culture, and political stability should also be considered. It is essential to balance both qualitative and quantitative factors in the decision-making process to make the most informed decision.

When Evaluating Location Alternatives the Firm Should Look at