Business and People unit 1 exam BUSINESS

For some companies, location is less important.{ they are footloose eg. call centres or internet companies.}

Factors and Explanation / Example :

Type of product or service - A ship builder will be near the sea so the finished boat can directly be launched in the sea.

Availability of and access to raw meterials - A paper mill would choose to be near a forest.

The cost of the location - cost of land and buildings varies eg. costs in the center of a city would be more expensive than in rural areas.

Access to…