COST ACCOUNTING
BREAK EVEN POINT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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deciding where the departments of a business are located
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an owner deciding on the positions for products in the shop
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deciding where a business is going to operate from
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deciding where a business is going to market its products.
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Detailed explanation-1: -Business site location decisions start with economic factors such as transportation, labor, real estate, constructions costs, tax incentives, labor and resource availability, proximity to suppliers or markets, and sustainability.
Detailed explanation-2: -Locational decisions are usually not stand-alone choices of a firm, but are part of a broader set of firm decisions, e.g., on market areas, marketing channels, technology to be used, image, etc. Against this background transport-and thus trade-plays an important role.
Detailed explanation-3: -Answer. Business location is defined as a place or structure occupied by a firm to run its operations. This includes any structure or establishment used in conducting a business.
Detailed explanation-4: -Location plays a huge role in attracting and retaining the best employees, many of whom keep a close eye on where they’re based in order to optimize work-life balance. Good location decisions can significantly boost a company’s long-term performance. Poor ones can cost millions in lost talent, productivity and capital.