location decision

location options include:

1. expanding an existing facility instead of moving

2.maintaining current sites while adding another facility elsewhere

3.closing the existing facility and moving to another location 

the location decision depends on the type of business. 

for industrial location decisions,strategy is usually minimizing costs 

for retail and professional service organizations, strategy focus on maximizing revenue. 

factors that affect location decisions 

1.market economics 

2.better international communications 

3.more rapid, reliable travel and shipping 

4.ease of capital flow between countries

5.high differences in labor costs