Term 1 Flashcards

1
Q

List 11 factors that determine location of a business

A

1) Geographical factor
2) Raw materials and supply
3) Transport
4) Infrastructure
5) Linkage Industries
6) Power
7) Water
8) Labour Supply
9) Market Pull
10) Gov’t regulations
11) Tele-communication

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2
Q

Describe the factor that determine location of a business:

  • Gov’t Regulations
A

Locating based on government grant

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3
Q

Describe the factor that determine location of a business:

  • Market Pull
A

Locating in an area where your customers are found.

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4
Q

Describe the factor that determine location of a business:

-Geographical Factor

A

Locating in an area where the land is sustainable and has reasonable cost.

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5
Q

Describe the factor that determine location of a business:

  • Tele-communication
A

Locating in an area with good IT system

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6
Q

Describe the factor that determine location of a business:

  • Labour Supply
A

Locating near workers with the right skills

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7
Q

Describe the factor that determine location of a business:

  • Water
A

Locating near reliable water sources.

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8
Q

Describe the factor that determine location of a business:

  • Power
A

Locating near reliable electricity.

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9
Q

Describe the factor that determine location of a business:

-Linkage Industries

A

Locating near businesses you depend on.

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10
Q

Describe the factor that determine location of a business:

  • Infrastructure
A

Locating near

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