*Location* Flashcards
1
Q
Why is it important to locate near raw materials?!?
A
- easy access to materials
- closeness
2
Q
What is footfall?!?
A
The amount of people who pass through
3
Q
What factors must be considered in locating a business?!?
A
- cost of land
- competition
- labour cost
- cost of rent
- closeness to raw materials
- closeness to suppliers
- infrastructure
- closeness to buyer
- population of the area
- target market
