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An entrepreneur has two locations. One is cheap but far from customers and the other is costly but easily accessible. What is the correct analysis?

Answer and explanation

Correct answer: ग्राहक पहुंच, संभावित बिक्री और कुल लागत की तुलना करना

Location decisions should compare rent with customer access, expected sales, transport, labour, utilities and other operating costs. A more expensive site may generate enough additional sales to be better, while a cheap site may lose customers. Therefore, total business impact matters rather than one visible cost alone.

Related tags

Business-LocationTotal-CostIntroduction To EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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