location Flashcards
1
Q
five main factors influencing location
A
cost, labour supply, location of raw mats, location of market, competition
2
Q
smaller businesses would focus on what factors
A
location of raw mats, competition, labour supply
3
Q
location of raw mats
A
lower transport costs
4
Q
labour supply
A
high unemployment keeps wages low
5
Q
competition
A
close to competitors means customers already know where to come
