14 which statement best describes the impact of recent advances in information technology on business…

14 which statement best describes the impact of recent advances in information technology on business location decisions? multiple choice advances in information technology give firms a greater incentive to locate near big cities, because that is where they can take full advantage of these advances. advances in information technology will have no real effect on location decisions. advances in information technology will give firms more flexibility in their location decisions by reducing the need to locate close to sources of labor. western states tend to benefit the most from improvements in information technology, because most states in this region have invested heavily in internet technology.

14 which statement best describes the impact of recent advances in information technology on business location decisions? multiple choice advances in information technology give firms a greater incentive to locate near big cities, because that is where they can take full advantage of these advances. advances in information technology will have no real effect on location decisions. advances in information technology will give firms more flexibility in their location decisions by reducing the need to locate close to sources of labor. western states tend to benefit the most from improvements in information technology, because most states in this region have invested heavily in internet technology.

Answer

Brief Explanations:

Advances in information technology allow for remote - work and virtual communication. This reduces the necessity for firms to be close to labor sources, giving them more flexibility in location decisions. Big cities are not the only places to take advantage of IT advances. IT does have a real impact on location decisions, and there's no indication that Western states universally benefit the most from IT improvements.

Answer:

Advances in information technology will give firms more flexibility in their location decisions by reducing the need to locate close to sources of labor.