
IGCSE Business Studies Section 4
Flashcard
•
Business
•
9th - 10th Grade
•
Hard
Piyush Chadarava
FREE Resource
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50 questions
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1.
FLASHCARD QUESTION
Front
In which scenarios is location nearest to reliable suppliers likely to be most important?
Back
a manufacturing firm using Just-in-Time stock policies
2.
FLASHCARD QUESTION
Front
If a product gains weight during production, where is the factory likely to be located?
Back
close to the major markets
3.
FLASHCARD QUESTION
Front
When a raw material loses weight during processing, location of the firm is likely to be:
Back
close to the sources of raw materials
4.
FLASHCARD QUESTION
Front
Factors affecting the location of a stationary wholesaler include government grants, transport links, and external economies of scale. What is not a factor?
Back
Availability of unskilled workers.
5.
FLASHCARD QUESTION
Front
Government location grants are most likely to be given in regions of the country having:
Back
just experienced big firms closing down
6.
FLASHCARD QUESTION
Front
The location of which of the firms will be influenced by the availability of skilled workers? Options: computer software design and production, large supermarket, mass producer of family car models, travel company’s ticket office
Back
computer software design and production
7.
FLASHCARD QUESTION
Front
If a business is located in the wrong area, what is it likely to experience?
Back
low profits.
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