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Assignment 2
24/26 September 2016
have
customers,
adequate
workers,
access
to
transportation,
materials, etc.
Consequently, location often plays a significant role in a company's profit and overall
strategic success. A location strategy is a plan for obtaining the optimal location for a
company by identifying company needs and objectives, and searching for locations with
offerings that are compatible with these needs and objectives. Generally, this means the firm
will attempt to maximize opportunity while minimizing costs and risks. A company's location
strategy should conform with, and be part of, its overall corporate strategy.
This is a group assignment. Remember to list all of the group members (with student
numbers) which have contributed on the cover page of the assignment.
Also add the assignment rubric to the reverse side of your cover page, because
without that your assignment cant be assessed.
Assignment
Part A:
As a group you must identify and choose a/any business in your community and evaluate
the businesss strategic importance pertaining to its location. Why is the location for that
specific business important ?
Possible points for discussion:
Neighbourhood/Demographics/Infrastructure/Buying power
Parking/Access/Transport facilities
Rent/taxes/security/hidden costs?
Also list any problematic factors to the specific businesss location, and provide possible
suggestion.
ASSESSMENT CRITERIA
Part A:
Strategic importance of location
- Ability to identify and discuss the factors which affect the location decisions of a
10
business
Factors that affect location decisions
- Evaluating the different factors which negatively/positively impacts the business
10
10
business
Business idea
- Application of creative and innovative location strategies
10
10
/50