Location Flashcards
1
Q
Factors influencing location decision
Retailers
A
Where suppliers are Where competitors are Costs/rent Amenities, malls Proximity to market, where customers are Access to labour, where employees are Transport links
2
Q
Factors influencing location decision
Manufacturing businesses
A
Access to labour
Availability of raw materials
Availability Of fresh water and power
Rent
Near transportation system
3
Q
Factors to consider when deciding in which country to locate operations
A
New market overseas
Cheaper or new sources of material
Types of labour and wages costs
Rent and tax
Availability of government grants (when governments give certain perks to business such as low costs to be in their country and helps their economy)
Trade and tariffs barriers
