Business Location Quiz

The most important factor to consider when deciding on locations is the amount of land to be used

• true

• false

Refers to the number of people who pass a retail location during a given period of time.

• Passage

• Footfall

• Movement

• Patronage

Before deciding on a retail location, is is important to consider if the town will accept a new retail business.

• True
• False

Which of the following is likely to be the main factor influencing the location of a small barber shop? Proximity to:

• Customers

• Labor

• Raw materials

• Competitors

The rise of the internet has meant that many businesses costs are:

• Lower as there is more need for expensive retail premises

• Higher as there is more need for expensive retail premises

• Higher as there is less need for expensive retail premises

• Lower as there is less need for expensive retail premises

A business has the choice to locate at Site A, which is close to the market, or Site B, which is close to materials and labour. The benefit of choosing Site A over Site B is that it is close to:

• Customers

• Suppliers

• Raw materials

• Employees

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

• A clothes retailer with a national chain stores

• An internet book store

• A manufacturer of high performance sports cars

• A custom T-shirt warehouse

A new start-up café is most likely to locate close to its:

• Competitors

• Suppliers

• Employees

• Customers

Online businesses locate in less expensive and more remote locations because:

• They need to be close to the competition

• They do not need to be close to the market

• They need to be close to raw materials

• Costs do not matter in online business

Which two of the following businesses are most likely to locate close to their competitors? Select two answers:

• Garden center

• Gas station

• Dry cleaners

• Restaurant

• Clothing store