• 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.

Answer preview

Selecting a business location is one of the most paramount aspects since it determines whether the business is going to thrive or not. Business location needs to be chosen carefully to ensure after selecting a particular location, and the company is going to survive in the current competitive market comfortably. Various factors need to be considered first before choosing the site of a business. First, the business rates or the cost of running the company in that area must be considered. A business rate encompasses expenses associated with the running of the business, and they include rent and utility bills among others…