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3.1.5 Business location

Authored by Mr Ridley

Business

10th Grade

Used 45+ times

3.1.5 Business location
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following factors of production describes the place where a factory is located?

Land

Labour

Capital

Enterprise

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is likely to be the main influence for Cineworld when deciding on the location of a new cinema?

Location of suppliers

Cost of the site

The number and location of its target market

Availability of labour

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following businesses is most likely to locate close to its competitors?

Garden Centre

Petrol Station

Hairdressers

Fashion clothing store

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business has the choice to locate at Site A, which is close to raw materials, labour and customers, or Site B that has a lower rent. The opportunity cost of choosing Site A over Site

B is being:

Close to customers

Able to reduce costs

Able to access raw materials

Close to labour

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following businesses is most likely to locate close to its customers?

Marks and Spencers

TripAdvisor

Google

Facebook

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The BBC has relocated some of its operations from Central London to Cardiff. This is likely to be due to:

Cost

Availability of raw materials

The availability of labour

The location of rivals

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The location factor known as proximity to the market involves knowing where:

Employees are located

Suppliers are located

Customers are located

Labour is located

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