Location and Quality Control
Identify three (3) factors you would recommend be used to select a location for a business in order to provide it with a competitive advantage. Next, select a location, and state the reasons that support your site selection. (If you envision this business being online only, then identify a temporary, pop-up site that will help this business enter a new market.)
You want to adopt a program to improve quality and efficiency within a company. Analyze four (4) quality control tools (Lean Principles, 5S Principles, Six Sigma, and Total Quality Management). Next, discuss which tool you would select to implement into a business. Justify your response.
Solution Preview
When selecting a location for business, the following factors will be significant and should be considered to provide the company with a competitive advantage;
i. Easy accessibility: The business should be in a location where it is can easily be accessed and operated at all times (Tarı́, Sabater, 2004). This will be important for the customers to access the business and the available products when the stocks are to be refilled and even for marketing the business, goods, and services provided.
ii. Nearness to market: The location of the business should be near to the customers, and before starting the thorough business research of the type of customers available in the market should be conducted.
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