How do service facility location decisions differ from industrial location decisions in terms of the techniques used to analyze them?
What will be an ideal response?
Service location decisions tend to focus on the revenue function, whereas manufacturing/industrial location decisions tend to focus on costs. The service sector uses techniques such as regression analysis, traffic counts, demographic analysis, purchasing power analysis, and GIS. Services do share two methods with manufacturing firms: the factor-weighting approach and the center-of-gravity method.
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Diversity in groups, teams, and organizations can help an organization gain: (Choose all that apply.)
-more sales -higher levels of team performance -increased discipline -a competitive advantage
If present at the formation of a contract, which of the following does not make a contract voidable?
a. Fraud. b. Duress. c. Undue influence. d. Illegal purpose.