The key to finding a suitable location is identifying the characteristics that can give a company a competitive edge and then searching out potential sites that meet those criteria.

Question

Quizplus · Accepted Answer

This statement is true. Companies often identify specific characteristics such as availability of skilled labor, proximity to suppliers or markets, access to transportation, favorable tax rates, and quality of life for employees when selecting a location. They then search for potential sites that match those criteria to gain a competitive edge.

The Key to Finding a Suitable Location Is Identifying the Characteristics