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Question about Global Business Management

1. What criteria must be used when considering where to locate a facility in the global business environment? What criteria does your organization consider when deciding the location of a facility? What role does national culture and business practices play in this process? How effective has your organization been in choosing appropriate facility locations?

2. What is the centroid method? Would this be an appropriate method for your organization to rely on? Why or why not?

3. What are the factors that affect international logistics? Which factor is the most important in your current industry and why?

4. What are factor-rating systems? How can your organization incorporate a factor-rating system? If a business changes from local operation to international, would it change the ability to incorporate a factor-rating system?

about 800 words, outlined in a way that can be expanded, no references

Solution Summary

Each question has been answered in detail. Around 1000 words has been provided for this solution. Answers include a detailed outline which can be used for further research.