Chapter 20: Location Decisions

Chapter 20: Location Decisions

10th - 11th Grade

13 Qs

quiz-placeholder

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Chapter 20: Location Decisions

Chapter 20: Location Decisions

Assessment

Quiz

Other

10th - 11th Grade

Practice Problem

Hard

Created by

Dean Hoss

Used 524+ times

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13 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The ‘location decision’ for a business means:

deciding where the departments of a business are located
an owner deciding on the positions for products in the shop
deciding where a business is going to operate from
deciding where a business is going to market its products.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Business location decisions are very important for all of the following reasons except that:

the location might affect the sales of a product
the location might affect the costs of production
the location might affect the available supply of labour
the location might affect the legal form of ownership.

3.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

In which scenarios is location nearest to reliable suppliers likely to be most important?

a manufacturing firm using Just-in-Time stock policies
a bank with many personal and business customers
a farmer raising sheep for meat production
a specialist clothes designer who uses job production

4.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

If a product gains weight during production then location of the factory is likely to be:

close to the sources of raw materials
close to the major markets
close to supplies of skilled labour
close to manufacturers of machinery used in production

5.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

When a raw material loses weight during processing, location of the firm is likely to be:

close to the sources of raw materials
close to the major markets
close to supplies of skilled labour
close to manufacturers of processing machinery.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

All of the following are likely to affect the location of a stationary wholesaler except:

the availability of government grants in certain regions
transport links from suppliers and to markets
external economies of scale like nearness to a food supplier
availability of unskilled workers.

7.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Government location grants are most likely to be given in regions of the country having

many similar businesses operating
just experienced big firms closing down
very high levels of employment
many other firms starting up.

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