1.4 Making Business Effective Flashcards
1
Q
What factors effect business location?
A
Proximity to- The market, Labour, Materials, Competitors
2
Q
What is proximity to market?
A
How close a business is to its customers.
3
Q
What is proximity to labour?
A
How close a business is to adequately qualified workers
4
Q
What is the marketing mix?
A
Price, Promotion, Place, Product
