Which of the following is most likely to affect the location strategy of a manufacturing firm?

A) appearance/image of the area
B) utility costs
C) purchasing power of drawing area
D) competition in the area
E) parking availability

Location Strategy

The planning and decision-making process involved in choosing geographical locations for business operations.

Utility Costs

Expenses incurred for basic services provided to a facility, including electricity, gas, water, and sewer services.

Purchasing Power

The value of a currency expressed in terms of the amount of goods or services that one unit of money can buy.