Unit 1.8 - business location Flashcards
1
Q
Explain the difference between business location and siting a business.
A
Business location refers to the geographical location whereas site is concerned with more specific factors within a location
2
Q
Name the location factors. (9)
A
The market
Materials and raw materials
Labour supply
Government assistance
Linkages - being close to required businesses
Historical factors
Climate
Near to competitors
Personal reasons
3
Q
Name the site factors. (6)
A
Cost of site
Size of site
Personal reasons
Footfall
Closeness to competitors
Accessibility