perspective on the subjects of location decision‚ clusters and corporate social responsibility. First‚ we will address the location decision subject. Second‚ we will discuss clusters and different cluster types. Last‚ we will review the corporate social responsibility subject. After giving an in-depth perspective on the three subjects‚ we will discuss the relationship between these different topics. Location Decision Location decision is an important strategic decision that must be considered by a
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Importance of Location Decision in retail Business; The importance of the location decision is due to the following factors. Location is a major cost factor because it 1. Involves large capital investment 2. Affects transportation costs 3. Affects human resources cost‚ e.g.‚ salaries etc Location is a major revenue factor in retail business because it 1. Affects the amount of customer traffic 2. Affects the volume of business The terms ‘location’ and ‘site’ are often used interchangeably
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Running head: Location‚ Location‚ Location! Week 3 Application Linda Traughber Walden University Abstract In this paper I will attempt to show‚ why choosing the right location in North America is so important. What factors are priorities in the location process‚ by creating a "short list" of three possible sites. Also showing where I would build and what makes it the best location. Location‚ Location‚ Location! Some of the factors that are priorities that should be considered
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Assuming that there’s an entrepreneurial mantra that’s getting a little long in the tooth‚ it’s probably Location‚ Location‚ and Location. Information technology has transformed the way companies conduct business. Technology allows businesses to automate manual operations and process information much faster. When people are researching a business‚ the internet is the first place people go – even for small and local businesses. They want to know whether you are a legitimate business‚ what times your
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Introduction In 1972 the national highway Traffic Safety Administration (NHTSA) put a price on life - $200 725 (adjusted for inflation). The Ford Motor Company used this data along with other statistical studies to determine the cost benefit of improving the safety of the Ford Pinto compared to the cost of loss of life. It was determined that the cost of the suggested improvements outweighed their benefits. This essay aims to address whether cost-benefit analysis is a legitimate tool and what
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locations 1 New York City 31st Street between 8th & 9th Avenue 3 Newton‚ MA Riverside Bus Station MBTA Green Line 335 Grove Street Where exactly do your buses stop? Our New York pickup/dropoff location is a bus stop in Midtown Manhattan on West 31st Street between 8th Avenue and 9th Avenue. We do share our Midtown stop with another company‚ so we are sometimes loading
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Article Review #1: Location‚ Location‚ Location: The Strategy of Place SEC 1: SUMMARY In this article‚ a teacher in Strategy Unit at Harvard Business School whose name is Professor Juan Alcácer talks about the necessary function of taking and considering a long-term geographic strategic view in expanding business whether in a nearby town or around the world expansion. This article also highlighted the tactical checkers‚ discusses the importance and essential role of time consideration to
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cation PlanninCh. 8 Location Planning and Analysis Summary Location Planning Every firm must use location planning techniques. There are many options for location planning. Corporations choose from expanding an existing location‚ shutting down one location and moving to another‚ adding new locations while retaining existing facilities‚ or doing nothing. There are a variety of methods used to decide the best location or alternatives for the corporation. Methods such as identifying the country
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Part 1: Executive Summary After carefully analyzing Ford’s existing supply chain I immediately became aware of its highly complex nature. This high level of complexity combined with other internal and external factors have pushed Ford to search for solutions in order to overcome the costly supply chain challenges that they are facing and may continue to face in the future. Ford’s major difficulty in their present system is: the inefficient control of their large data base and complex network of suppliers
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Ford Motor Company Heloise V. Posey Strayer University Professor Marla Boulter Principles of Management (Bus 302) January 28‚ 2011 Abstract: Ford Motor Company was founded in 1903 by Henry Ford who lived in Detroit‚ Michigan therefore giving birth to Detroit ’s title of automobile capital of the world. The first retail dealership was opened by Stephen Tenvoorde in 1903 in St Cloud‚ MN. Mr. Ford was a visionary of the idea of mass production. Mr. Ford ’s ability to make automobiles
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