For bulk increasing, i.e. buying many components and building something larger, the business should consider locating near .....

BUSINESS MANAGEMENT

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

For bulk increasing, i.e. buying many components and building something larger, the business should consider locating near ____

A	Raw materials
B	Market
C	Suppliers
D	Stockholders

Explanation:

Detailed explanation-1: -The company should have clear competitive advantages in terms of market knowledge, technology, portfolio of products, reliable partners and other relevant parameters.

Detailed explanation-2: -As a strategy, market penetration is used when the business seeks to increase sales growth of its existing products or services to its existing markets in order to gain a higher market share.

Detailed explanation-3: -Review your current business model and target audiences. Think about future goals for your company. Research competitor markets. Complete market research on related product markets. Identify one target market to focus on. Get feedback from existing customer-bases. More items •10-Mar-2023

Detailed explanation-4: -Economic Indicators. The nuances of what makes a location financially viable and potentially lucrative are deeply grounded in basic economics. Registering Your Business. Conducting Market Studies. Employment And Tax Regulations. Economic And Political Stability. Whatever you decide, it’ll be one heck of a ride. 17-Apr-2020

There is 1 question to complete.

GENERAL KNOWLEDGE

GK

BUSINESS MANAGEMENT