GENERAL KNOWLEDGE

GK

BUSINESS MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The process of selecting a location for a business
A
Job Design
B
Facilities Layout
C
Site Selection
D
Operating System
Explanation: 

Detailed explanation-1: -Analyzing your area, reading about potential customer demographics, and considering where competitors are located are all important aspects to finding and choosing the right location. It’s also important to consider your needs as a business owner before deciding on a location.

Detailed explanation-2: -Site selection is the process of examining multiple options and assessing their relative advantages and disadvantages. Site selection comes after the needs assessment is completed. If you select a site before the needs assessment, you may compromise on key design aspects due to site limitations.

Detailed explanation-3: -What is business site selection? Site selection is the process of combining financial, demographic, and geospatial research and analysis to choose the optimal location for your business.

Detailed explanation-4: -Consider the surrounding community. Beware of problem locations. Identify target customers. Pay a fair price. Know the competition. 4 Ways to Grow Your LinkedIn Following in 2023. 8 Tips Introverts Need to Network Effectively in 2023. More items •20-Oct-2014

Detailed explanation-5: -Define your reason or purpose for situating your plan on the site. Location and accessibility. Access to utility and raw materials. Knowing your competitors. Study the building/land surrounding the site. Landscape, size, shape, and topography. More items

There is 1 question to complete.