Answer to Question #192174 in Management for Mitali

Question

What are various decision criteria for deciding a location for a business setup? Explain these decision criteria with reference to a location decision for setting up operations of a Large Hospitality Setup (like a Resort. etc)

Answer 1

i. Availability of people - To set a large hospitality setup like a resort, the proprietor should consider the population in that locality. It is these people that will turn to be the business customers.

ii. Road networks - For easy access to the resort, the region should a well-connected road networks that people will be using to get in.