Which of the following is the most important initial step in global site selection?

Comprehensive and Detailed Explanation:

Thefirst strategic stepin selecting a global site is to assemble across-functional evaluation teamthat includes:

HR (for labor and talent factors)

Legal (for compliance and risk)

Finance (for cost analysis)

Operations and leadership

This ensures abalanced, comprehensive assessmentof all business, legal, and cultural implications.

GPHR Study Guide Extract – Strategic Global Human Resources / Site Selection Strategy:

“Establishing a multidisciplinary team enables organizations to analyze site options holistically. It integrates HR, compliance, legal, and operational insights to guide informed decision-making.”

Looking atwages or labor marketscomes next—but without a team, the process lacks strategic alignment.