IGCSE Business Studies Section 4

IGCSE Business Studies Section 4

Assessment

Flashcard

Business

9th - 10th Grade

Hard

Created by

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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