Track: Business Management
Decision making is one of the most important timeline in a company, this moment will create a critical moment for companies to decide the most effective location for their operational process. Miscalculation and not sorting out all the risks in determining an operational location will result in a profit loss and inefficient progress. The Delphi Method will help compare both type of industries in the current economic state, which covers manufacturing and non-manufacturing industry as the main question to how each factor affects their business process and operational. This methodology will help determine each industry process to decide the most effective aspect of location decision process and how they will implement it to gain sustainability. A selection of journals will be used to review each of the understandings regarding manufacturing and non-manufacturing industries when deciding their company location that will start their operational process for their economic activity. Explaining the difference between manufacturing and non-manufacturing will be the main purpose to analyze the key difference between both different industries. This literature review have proven that there are key differences between both industries and each of them has it’s own advantages to fulfill their market demands. Main objectives of this research is to find the key differences between both type of industry and how each of the aspect of location decision plays a role in building sustainability.