BUSINESS LOCATION
Authored by MARK WILSON
Other
12th Grade
Used 329+ times
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13 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main important factor for a retail business?
Labour Costs
Cost of raw materials
Footfall
Rent
2.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
In a deprived area, what would attract a business?
Government Grants
Availability of labour
Advice and Support
Cost of stock
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the a fixed cost
Wages
Rent
Stock
Rates
4.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
The most important factor to consider when deciding on locations is the amount of land to be used
true
false
5.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
1. Developing countries are attractive locations to place business because
a. They industrialize faster than developed countries \
a. Labor and resources are affordable
a. There is a high population
a. All of the above
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
1. As long as you have a good business plan and an innovative product you can place your business anywhere it will make profit.
true
false
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
1. Business locations is define as the positions in which business are placed.
true
false
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