A2 - Business - Operational strategies: location

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  • Created by: jkav
  • Created on: 18-01-16 21:28
Optimal location
A business location that gives the best combination of quantitative and qualitative factors.
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Quantitative factors
These are measureable in financial terms and will have a direct impact on either the costs of a site or the revenues from it and its profitability.
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Qualitative factors
Non-measurable factors that may influence business decisions
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Stakeholder
Any person or group that has an interest in the activities of a business, e.g. community, workers, suppliers, customers, government.
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Multisite locations
A business that operates from more than one location.
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Off-shoring
The relocation of a business process done in one country to the same or another company in another country.
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Multinational
A business with operations or production bases in more than one country.
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Trade barriers
Taxers (tariffs) or other limitations on the free international movement of goods and services.
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Other cards in this set

Card 2

Front

These are measureable in financial terms and will have a direct impact on either the costs of a site or the revenues from it and its profitability.

Back

Quantitative factors

Card 3

Front

Non-measurable factors that may influence business decisions

Back

Preview of the back of card 3

Card 4

Front

Any person or group that has an interest in the activities of a business, e.g. community, workers, suppliers, customers, government.

Back

Preview of the back of card 4

Card 5

Front

A business that operates from more than one location.

Back

Preview of the back of card 5
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