CHAPTER 8 - Decisions on Location Flashcards
1
Q
FACTORS INFLUENCING LOCATION
A
- proximity to the market
- proximity to labour
- proximity to materials
- proximity to competitors
2
Q
THE NATURE OF BUSINESS ACTIVITY
A
- services
- office - based businesses
- manufacturing and processing
- agriculture
3
Q
LEGAL CONTROLS AND TRADE BLOCS INFLUENCING LOCATION
A
- to encourage manufactures to locate where unemployment is high
- to attract foreign manufacturers into the country