This is an assignment based on location strategies.
Your objective is to select the next location for your business . (It can be any business).
Assume that your business does not exist in the selected states.
Also assume that I have no idea about your industry and your business.
There are 2 critical analyses in this assignment:
Briefly introduce your business
Identify and explain the major factors that affect your business location decisions
Use the Factor Rating Method to evaluate location alternatives. I need you to look at 3 alternative states/cities in your analysis so you can pick the right kinds of factors e.g. State can offer tax incentives while the city has a railroad station. YOU MUST USE A TABLE AND SHOW YOUR NUMBERS
Next, using well researched data, do a Crossover Chart for Locational Cost-Volume Analysis – for expected volume of output – you could use an expected annual output in units (e.g. number of new savings accounts, mortgages in a bank; new students in a school; customers in a restaurant or retail; new patients etc.
Analyze the lowest costs between all 3 locations and then indicate the cross over point for the highest profit
As always, I need to see detailed explanation to justify the numbers – Don’t assume that I understand
Detailed analysis is more critical rather than page length.
3-4 pages maximum
Use paragraphs, titles and bullets etc. Where required, use flow charts, graphics and tables
Cite all sources using APA Format - which requires both in text and end of paper citations
APA Citation Format