3.1.5

Question 1

factors influencing the location of a business

Answer 1

-type of business
-proximity to market
-cost of premises
-cost and availability of labour
-ability to expand
-ease of deliveries

Question 2

advantages of locating overseas

Answer 2

-cheaper labour, wages in other countries may be lower than the UK
-access to raw materials that are not as easily accessible in the UK
-financial incentives from foreign governments

Question 3

disadvantages of locating overseas

Answer 3

-may be different rules and regulations to the UK
-customers may have different tastes
-problems with supply chains, restrictions when crossing international borders