Risk mitigation in location decision-making
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Abstract
The question of where to locate your business is at the core of the field of corporate real estate management. This thesis provides a framework for answering this question in an uncertain world. Building on the Preference-based Accommodation Strategy design approach developed by Arkesteijn et al., risk management and mitigation is incorporated in this approach which results in the Location Decision-Making Framework.
The framework consists out of a procedure, activities and a mathematical model, which is piloted at a company as to test the effectiveness and attractiveness of the model. Overall the model is evaluated positively and helps stakeholders in making a substantiated decision on where to locate their real estate.