Location

?
  • Created by: tonisha_
  • Created on: 09-10-21 15:55
How many factors is location influenced by?
5
1 of 26
One factor that affects the location of a business is location of what?
raw materials
2 of 26
If raw materials are located nearby, this will what?
lower transport costs
3 of 26
What is an example of this?
a granite quarry
4 of 26
Another factor which influences location is the supply of what?
labour
5 of 26
What does high unemployment result in?
lower wages
6 of 26
What does this amount of people also provide?
a good selection of people to choose from
7 of 26
Another factor that influences location is?
competition
8 of 26
If similar businesses are nearby, this can be a what?
advantage
9 of 26
Why?
it will be easier to find skilled labour
10 of 26
However, what may some prefer to be?
away from other businesses
11 of 26
Why?
as they might lose sales
12 of 26
Another factor may be the location of what?
the market
13 of 26
Some firms may find it cheapest to locate where?
near customers
14 of 26
What is an example of this type of firm?
a dentist
15 of 26
Where do they specifically need to locate?
where people can get to them easily
16 of 26
Some may locate where there is a large what?
market
17 of 26
What is an example of this type of firm?
firms that sell products worldwide
18 of 26
What is another factor that affects location?
cost
19 of 26
The cost of______varies in different_________?
labour

countries
20 of 26
Many large firms have what?
call centres or factories
21 of 26
What are some examples?
India and China
22 of 26
What are wages here?
lower
23 of 26
Some areas are more_________than others?
expensive
24 of 26
Sometimes the government gives people what?
grants

tax breaks
25 of 26
For who?
people in areas of high unemployment
26 of 26

Other cards in this set

Card 2

Front

One factor that affects the location of a business is location of what?

Back

raw materials

Card 3

Front

If raw materials are located nearby, this will what?

Back

Preview of the front of card 3

Card 4

Front

What is an example of this?

Back

Preview of the front of card 4

Card 5

Front

Another factor which influences location is the supply of what?

Back

Preview of the front of card 5
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