Question

18. Which of the following is NOT a qualitative factor in location decisions?
(A) Local infrastructure
(B) Worker education and skills
(C) Product content
(D) Exchange rates​

Answer 1

The main factors that affect location decisions include regional factors, community considerations, and site-related factors. Community factors consist of quality of life, services, attitudes, taxes, environmental regulations, utilities, and development support.

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Answer 2

• Exchange rates are not a qualitative factor in location decisions.
• Land is purchased for production purposes and thus exchange rates have nothing to do with the qualitative aspect of the land.
• On the other hand, the local infrastructure is very important as a qualitative factor in the location decision.
• This is because the transportation and other facilities which are very much necessary for production business is determined by the local infrastructure.
• The worker's education and skills as well as the product content are also very important while deciding the location. A well-educated workers would help in producing efficient products which would satisfy the customers.