site selection:

. . . the project-driven sub-process of enterprise development that typically ends with the choosing of a location and/or real estate for an expansion or relocation, or for the startup of a new venture. An outline of basic steps of an enterprise development project has information and links applicable to the type location work defined here. Site Selection in 5 Basic Steps also provides a quick-look at the course of a typical project.

The position of importance that site selection holds in the overall scheme of economic development by the International Economic Development Council's reference to its location data elements guide as Site Selection Data Standards.

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