Question

Selecting the location for production facilities is an important strategic issue that managers must consider. Which one of the following aspects of the business environment is a key factor to facilities location​ planning?

A. Currency exchange rates
B. Organization chart
C. Cost and availability of labor and management
D. Make or buy decisions
E. Capital productivity

Answer 1

Selecting the location for production facilities is an important strategic issue that managers must consider  one of the aspects of the business environment which is a key factor to facilities location​ planning is C. Cost and availability of labor and management.

What are production facilities?

Production facilities are defined as buildings built, maintained, and used in connection with or incident to the exploitation of mineral deposits. This includes, but is not limited to, milling and processing facilities, office buildings.

It could be temporary housing as well as Mining Lease regarding residency on the Property), and utilities, such as, but not limited to, electrical, telecommunication, gas, and water.

Therefore, option C is correct.

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