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Please view explanation and answer below.1ManagementStudent’s NameInstitution AffiliationCourseDue Date2Plant Location ProblemsQuestion 1Selection of the best plant location is important for the organization’s success culminating inminimum product input costs, large market shares, low risks, and maximum social gain. The variousconsiderations underlined when selecting a new site for facility or plant operation are numerous. Firstly,accessibility: the nature of your anticipated business determines the location of the business. Forexle, a high customer-oriented business must consider the accessibility of the area by cars, trains,and buses. Secondly, security: acknowledging the chances of crime rates of the area is a critical factorthat prompts decision-making proactively (Ozdemir #038; Sahin, 2018). Thirdly, competition: an appraisalof the existing competitors in your chosen plant location is essential in determining the business’s success.Fourthly, workforce availability: human resources are the business’s core assets, and when choosing thesite for locating the business, the availability of workforce and employment rate must be considered whenmaking decisions. Lastly, growth potentials: the location should be capable of accommodating theprojected expansion of the business.Question 2When an already existing organization plans to relocate its locality, the following factors must beconsidered when making the right decisions. Firstly, water availability is fundamental for themanufacturing industry regarding the processing and discharge of bi and waste products that arepresupposed to be hazardous to humans and other living organisms. Secondly, land: the land topographyshould be plain and gentle to allow water flow. Additionally, the land should be free from encroachmentissues (Ozdemir #038; Sahin, 2018). Lastly, power and fuel availability: industries require extensive powerto run their operations smoothly; hence, the decision will be made on the location where there is constantavailability of a cheap and uninterrupted source of power.3Question 3At the global level, a company can either be interested in relocating its facilities, new marketsexpansion or developing an additional capacity in locations …
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