Location Location Location Essay

Germany: It has high standard of living and largest national economy in Europe. It seems to be one of the upcoming counties and will serve as good place to tap the untapped market.

3) Should other factors be taken into consideration in choosing the location of the FlexConnex plant? If so, what are they?

As a supply-side strategy for influencing the location choices of firms, tax policy is used to address what kind of costs? Do taxes influence location decisions?

LOCATION- Location is irrelevant for the C-Corp since corporate tax is the same for all states.

Designing a facility and the departments contained within it is a daunting task in the beginning. Research and planning are key steps that must be well thought out and executed for the most return on the space. Space is a high premium for hospital organizations that are looking to expand their impact on the community they serve. Whether the organization is looking to refurbish an existing space, build new construction, or possibly a combination of the two, proper skill and understanding of space design is essential to utilizing the available resources and financing.

4) Location- Decisions about where to locate a store are critical to any retailer’s success. Location decisions are particularly important because of their high cost, long-term commitment and impact on customer patronage. Choosing a particular location type involves evaluating a series of trade-offs. These trade-offs generally include the occupancy cost of location, the pedestrian and vehicle customer traffic associated with the location, the restrictions placed on the store operations by the property managers, and the convince of the location for customers.

3. What are the demographics of the location and are they feasible to support such a company?

Less business regulations have been the key to success in the state and namely in the metropolitan areas. No state income tax is one tool that is good to use in order to convince others to move. For businesses there is only a gross receipts tax; people and companies are moving to the major cities in the state. Alaska, Florida, Nevada, South Dakota, Texas, Washington and Wyoming do not have state income taxes (Income Tax Rates by State, 2014). The lack of a state income tax is straining the resources of counties and the cities throughout the state.

Eric Nordstrom, the company’s president, visits each potential location himself before signing off on it. He says his gut instinct about a location is almost as important as the demographics and statistic they analyze. ‘Plenty of places look good on paper and we say

The Recommendation proposed here presented a global location selection reference tool for identifying key competences for potential sites and suggested how these competences can be used effectively and strategically in company’s supply chain. Additionally, the recommendation was addressed based on the assumption of locating all manufacturing stages at one site for worldwide distribution.

The article Innovation: Location Matters discusses how the challenges for competiveness in advanced nations and regions has changed. It elaborates on how organizations must create and commercialize a stream of new products and processes that shift the technology frontier. Companies must be able to innovate to sustain competitive advantage by acquiring and deploying the best current technology. Location matters for innovation, and companies must broaden their approaches to the management of innovation accordingly: by developing and commercializing innovation in the most attractive location, taking active steps to access locational strengths, and proactively enhancing the environment for innovation and commercialization in locations where they operate (Porter & Stern, 2001).

Lying between the China and Japan, South Korea is located Korea Peninsula that is convenient location of Far East Asia, which is good for trading due to close Pacific Ocean. Korea’s land is not so big, so this reason appropriate place to establish the factory is not difficult. South Korea’s manufacture industry complex is concentrated on near Seoul, which is the capital and near Busan, which is the second city of Korea. Both city has big port and located near the ocean. For overseas manufacturers with limited knowledge of doing business in South Korea, near the capital and second city will probably be a safer bet as an alternative production base.

Place – Place is also very important in the terms of business because before opening the business they should consider the location properly that are they targeting the proper market according to their business. Place must be easy accessible for customers, suppliers etc.

The two options have their own pros and con which as stated as follows 1) KIMBERLY STREET: Two acres of land costing $50,000.  Situated near to the main plant.  Surplus labor available.  Resale value of the land is high.  Rate of Electricity, gas and water is cheap.  Union of labors.

Locations for outsourcing jobs is very important as companies need to decide what is going to be the cheapest option but also the most beneficial in terms of maintaining their remaining clients and customers, there tends to be quite high volume complaints when it comes to outsourcing jobs, problems can arise often due to language barriers, so choosing the best location