Business Location Flashcards
1
Q
Why is it so important to get the right location?
A
Need to consider the Costs, Sales and Image for the business as it’ll give them positive publicity.
2
Q
Name 3 factors that influences where a business locates
A
Competitors, Proximinty to the market, Transport links,
3
Q
How has internet changes the location decisions?
A
Businesses have to think the way in which they sell their products or services, Small/Medium businesses can compete with larger more established businesses.