GMS 401 Study Guide - Vertical Integration, Global Positioning System, Regression Analysis

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 401
• Professor: anon

Document Summary

Location planning and analysis: location decisions are basically one-time decisions usually made by new organizations. Taxonomy: knowledge: the fact that most types of firms are located in every section of the country suggests that in many cases, location decisions are not overly important; one location typically is as good as another. Taxonomy: knowledge: you can"t make a mistake by locating where labor costs are low. Taxonomy: knowledge: advanced communications has aided globalization. Chapter 08 - location planning and analysis: the first step in developing location alternatives is identifying important factors. Taxonomy: knowledge: an example of a regional factor in location planning is the location of our markets (either existing or potential). Taxonomy: knowledge: a strategy that emphasizes convenience for the customers would probably select a single very large facility. Taxonomy: knowledge: for service organizations, the dominant factors in location analysis usually are market- related.