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Factors a Business Considers When Considering Location

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What are the factors a business considers before finding the right location? What are the many reasons facility location is important to a business? Give an example of where a Walmart may be located.

250-300 words please.

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Solution Summary

This solution explains the factors a business should consider before finding the right location, the reasons the facility location is integral to the business's operation, and also gives examples of the ideal locations for a Walmart store. Response includes a Word-formatted attachment.

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There are several factors that should be considered before a business finds the right location. Management would want to consider the basic area itself. Several questions should be answered as part of a thorough pre-location analysis. The questions would include such factors as:

- Does this community have sufficient resources to support our basic operations?
- Are there enough people in the community ...

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