Locations Flashcards
How does tradition affect location of a business
Well established business’s are located in particular areas main employer for the area.
How does infrastructure and transport affect location of a business
Built in an area with transport links
Usually rent or buy existing unit
Location of motorways and transport are essential to a business
How does labour affect location of a business
Set up in an area with a suitable labour force
Old industrial areas and ship building tend to have surplus of labour
Good labour force can provide you with skills your looking for
How does cost affect location of a business
Land price varies indifferent areas .
High land price affects the price of goods
Climate - how does this affect location of a business
Some areas suited to activities especially in agriculture
Access to market
Some business need to be close or have easy to the market
Important for the service of industries
What 8 things affect where a business might locate their business
- tradition
- cost
- infrastructure and transport
- labour
- climate and physical geography
- access to the market
- availability of raw materials
- type of product or service