Th3.3: ^^ Labour

Question 1

What do businesses established in an area with other successful firms from the same industry find?

Answer 1

that labour tends to come to that area if they want a job in that industry - this reduces the cost and takes time to recruit

Question 2

What is another advantage for large industries involving education?

Answer 2

local education and training providers are more likely to develop courses to prepare people to take up jobs in their businesses

Question 3

Firms will be able to hire staff who…

Answer 3

have been trained by other businesses, which is cheaper and more efficient for the firm than the training workers themselves