StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

W8 Topic - Essay Example

Comments (0) Cite this document
Summary
This can only be achieved through the development of an effective location planning strategy. Location planning strategies have a lot significance as is elucidated in this…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97.4% of users find it useful
W8 Topic
Read TextPreview

Extract of sample "W8 Topic"

Importance of location planning strategies Importance of location planning strategies It is imperative for businesses or organizations to locate appropriate locations to conduct its services. This can only be achieved through the development of an effective location planning strategy. Location planning strategies have a lot significance as is elucidated in this paper. According to Meredith and Shafer (2013), establishing location planning strategies for any business is important as the location of a business is one of the factors that determine the costs of products, value of the business, and also determines the demand of products and services being offered by the business.
Creating effective strategies geared towards the identification of an appropriate location for is business is important as it will help minimize incurred expenditures in terms of transport costs. Locating a business near a market and in areas where business expansion can easily be done is important for a business. Business or industries ought to be situated in locations where raw materials and labor are readily available (Waters, 2003). This can only be achieved through designing and implementing proper location planning strategies.
There are other factors such as political situation of a particular region or country, as well as social and economic issues that affect business. Economic factors may include economic activities such as agriculture (Waters, 2003). Subsequently, considering the economic and social nature of the target population is of significance as it directly contributes to the success of the business. Regions with political instability ought to be avoided at all costs. Location planning strategies helps business owners identify these issues and hence enable them to make informed decisions. There are areas where business owners may enjoy tax cuts r benefits from the government and location planning helps business owners identify such areas. For instance, opening a business in rural areas may have additional benefits in terms of costs of production and tax cuts by the government (Bryson, 2011).
References
Bryson, J. M. (2011). Strategic Planning for Public and Nonprofit Organizations: A Guide to Strengthening and Sustaining Organizational Achievement. Hoboken, NJ: Wiley.
Meredith, J. R., & Shafer, S. M. (2013). Operations Management for MBAs, 5th Edition. Hoboken, NJ: Wiley.
Waters, D. J. (Eds). (2003). Global Logistics and Distribution Planning: Strategies for Management. London, UK: Kogan Page Limited. Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“W8 Topic Essay Example | Topics and Well Written Essays - 250 words - 1”, n.d.)
W8 Topic Essay Example | Topics and Well Written Essays - 250 words - 1. Retrieved from https://studentshare.org/management/1643713-w8-topic
(W8 Topic Essay Example | Topics and Well Written Essays - 250 Words - 1)
W8 Topic Essay Example | Topics and Well Written Essays - 250 Words - 1. https://studentshare.org/management/1643713-w8-topic.
“W8 Topic Essay Example | Topics and Well Written Essays - 250 Words - 1”, n.d. https://studentshare.org/management/1643713-w8-topic.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF W8 Topic

W8 Exemption PT1

...? Learner’s Autobiography of Affiliation Learner’s Autobiography As I take critical reflections of experiences in this graduate program, I must acknowledge that I have gained so much information in so far as international relations, conflict management, and military interventions are concerned. As my studies progress from undergraduate to graduate, I have realized that the basic knowledge that I gained while pursuing undergraduate program in business management is strengthened by knowledge of the global economy and factors that affect it. In this graduate program, I have been able to attend most of the seminars that have been offered. They include history of diplomacy, economics and international system, international law... Learner’s...
8 Pages(2000 words)Essay

W8 Exemption PT2

...? Essay on Professional Experience of Affiliation Professional Experience A career in business management cannot be described in linear terms. This is because experiences vary from one person to the other depending on interests, geographical area, and field of focus. Nevertheless, all professional pursuits in business management have a distinctive starting point. There is a plethora of job opportunities in this field owing to the diversity of business management careers. Some of these careers include accounting, marketing management, economics and management science, human resource management, business law, and entrepreneurship. As such, it is crucial for one to understand the exact job that they would like to pursue... Essay on Professional...
8 Pages(2000 words)Essay

W8 Balanced Score cards

...? Balanced Scorecard: A Company Analysis al Affiliation Balanced Scorecard: A Company Analysis The balance scorecard is learned as a strategic approach that aimed to link the mission, vision, and goals of the organization to design appropriate strategies that would be effective in achieving the defined objectives. There have been innumerable organizations that have successfully implemented the balanced scorecard approach and which evidently led to overall job satisfaction and increased performance; as well as financial productivity. As disclosed, “by 2004 about 57% of global companies were working with the balanced scorecard” (Balanced Scorecard Institute, 2013, par. 2). For the current discourse, the aim is to select a company... Balanced...
3 Pages(750 words)Essay

W8 Supplemental DQ 1 @ DQ2

...Discussion Question 2 Discussion Question 2 DQ1: AOL’s Case and Economic Loss Rule in Protection of Consumers The AOL case sounds familiar to the events of the Toyota recall on defective brakes. In the event that Toyota is sued by his customers, it might be tempted to seek cover for the damages through the insurance firm which might argue in the similar direction. The insurance firm has a contract with the company to cover their vehicles as to provide warranty and therefore does not have a contract with the third party (Boggs, 2011). This is quite discouraging as the company may not be able to be compensated for the damages as this will obviously be considered under tort. Since the effect of the software AOL 5.0 was not to cause... Question 2 ...
1 Pages(250 words)Case Study

S4 W8 Second WA

...The Africa Village Project Association (AVPA Origin: The Africa Village Project Association (AVPA) is a small scaled non-profit association. This NGO is based in Bowen Island, Canada. The Africa Village Project came into being in 2007. The ideology of AVPA revolves around the concept of “One World, One Commnity.” Goal: The basic goal behind the establishment of AVPA is to form strong affiliation with African villages to make them self-reliance and to attain better living standards. The main goal of AVPA is to empower and educate the people in Africa to make their both ends meet. Vision: AVPA functions in a different way. They do not believe on aiding people solely but they also seek ways to empower and educate people to become... Africa...
2 Pages(500 words)Assignment

S4 W8 Second WA

...The Hunger Project The Hunger Project (THP) was established in 1977 after the clamoring call rose to eradicate World’s hunger in the Rome World Food Conference. THP’s vision is to make the world a place where every woman, man and child lives a healthy, dignified and self-relied life. This nongovernmental organization has been operating under the mission of putting an end to the world’s hunger and poverty by forming maintainable, popular, women-centered strategies. They are also working for the global adaptability of these strategies in order to elevate the standards of living of masses globally. THP has crafted ten principles and is working on them to make sure that its strategies are implemented properly. These principles... Hunger Project...
2 Pages(500 words)Assignment

W8 Disc Knowledge Management System

...Knowledge Management System al Affiliation Knowledge Management System What advice would you give a manager who is charged with developing a knowledge management system? A knowledge management (KM) system is defined as “a multi-disciplined approach to achieving organizational objectives by making the best use of knowledge. KM focuses on processes such as acquiring, creating and sharing knowledge and the cultural and technical foundations that support them” (What Is Knowledge Management?, n.d., p. 1). Using the definition, a manager who is charged in developing a KM system should first discern the requirements of the organization in terms of the extensiveness in information required to be collected, maintained, updated, and used... Management...
1 Pages(250 words)Essay

Annotated Bibliography-Terence-W8

...ANNONATED BIBLIOGRAPHY WK 8 al Affiliation ANNONATED BIBLIOGRAPHY WK 8 Guo, X., Sun, Y., Wang, N., Peng, Z., & Yan, Z. . The dark side of elderly acceptance of preventive mobile health services in China. Electronic Markets, 23(1), 49-61. The research article is an online publication. The study observes an increase in the use of mobile devices especially by the elderly persons regarding their health care. , even though, there is a rise in usage, challenges and problems of adoption still exist among the elderly. The author, therefore, investigates on how the adoption and acceptance can be mitigated among the senior citizens. There was no information available regarding the study, and neither did the correspondent provide for further...
5 Pages(1250 words)Essay

Annotated Bibliography-Sheila-W8

...ANNONATED BIBLIOGRAPHY WK 8 Affiliation ANNONATED BIBLIOGRAPHY WK 8 Dong, L. . Taking the long view of medical records preservation and archives. Journal of Documentation, 71(2), 387-400. doi:10.1108/JD-11-2013-0141 The journal is a publication by the Association of special libraries and information Bureaux. It examines the use of related information on records, how to disseminate and retrieve data by the management of organizations. Therefore, it establishes the process of documentation within an organization. Previous information concerning the research problem was very much available. The study proposes for future studies by welcoming any new idea or studies by others to help complement their work. The review was extensive... BIBLIOGRAPHY...
5 Pages(1250 words)Essay

W8

...W8 Part Schumpeter gives an assuming overview of a capitalist economic growth without capital accumulation. The model remains static and predictable, never changing or expanding just like a toy train maneuvering around a hearthside track and declared that capitalism grounded in inertia and lacks momentum. He argues that capitalists obtain nothing but their wages as managers while workers would receive full remuneration for their work. Owners would receive only an equivalent of their investment while on profits, he said will only be realized if the static economy fails to follow its traditional path resulting from the introduction of innovative technology or organizational dynamics. The author further asserts that such...
2 Pages(500 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic W8 Topic for FREE!

Contact Us