Assessment If A Country As A Production Location

Question 1

What impact does cost of production have on assessing a country as a production location

Answer 1

Businesses want to seek low cost locations to reduce labour costs
However there is a trade off between skills and cheap labour

Question 2

What impact does skill and available labour force have on assessing a country as a production location

Answer 2

Wage costs are essential in maintaining competitiveness
Workforce may need training
If it is easy to make worker redundant then the business can adapt to change quickly

Question 3

What impact does infrastructure have on assessing a country as a production location

Answer 3

Weak infrastructure holds up development
Growth requires transport to bring inputs and deliver products
Could slow down transport systems
Make communication difficult

Question 4

What impact does natural resources have on assessing a country as a production location

Answer 4

Finding out what resources that have an can exploit

Business need raw materials for inputs