Facility location analysis considers the competitive imperative of lowest total cost.
Answer the following statement true (T) or false (F)
True
The objective is to select a site with the lowest total cost.
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A ________ is a marketplace offering that fairly and accurately sums up the value that will be realized if the good or service is purchased
A) product position B) market segment C) mass market D) value proposition E) target market
A ________ is a compilation of information that is not known to the public and gives a businessperson an advantage over his or her competitors
A) patent B) utility model C) Madrid system D) trade secret
In the closing of an instruction message, you should try to show the ________ the organization or individual will receive by following the instructions
A) recognition B) benefits C) profit D) products
Common stocks are good examples of liquid assets
Indicate whether the statement is true or false.