Location decisions 4.4 Flashcards

1
Q

What are the factors influencing decision for manufacturing businesses

A

Production methods - Large scale production requires the business to be near material suppliers.
Market - Being near to the customer is important
Transport - Suitable transport is required for supplies to be delivered

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2
Q

What are factors influencing location decisions of service businesses

A

Customers - Be near customers for a quick response time (such as electricians being close to provide service)
Technology - Some services can be provided online meaning they will not have to relocate

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3
Q

What are some reasons to locate abroad

A

Cheaper materials in other countries
Rents and tax may be cheaper in other country
New market abroad

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