1.4 - Whole topic recap

The rise of the internet has led to the closure of many high street travel agent branches. This is because, recently, being located close to:

• Competitors has become more important

• Raw materials has become less important

• Labour has become more important

• Customers has become less important

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

• Lower as there is more need for expensive retail premises

• Lower as there is less 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

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

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

• Cost

• The availability of raw materials

• The availability of labour

• The location of rivals

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

• Yoghurt manufacturer

• National supermarket chain

• High street mobile phone store

• British online clothing retailer

The location factor known as proximity to labour involves knowing where:

• Employees are located

• Suppliers are located

• Customers are located

• Materials are located

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

• Competitors

• Suppliers

• Employees

• Customers

Which of the following location factors would be the most important to a small mining business hoping to excavate gold from a new site? Proximity to:

• The market

• Customers

• Competitors

• Materials

Which two of the following businesses are likely to operate purely by e-commerce?

Select two answers:

• Tanning centre

• Veterinary practice

• Travel agent

• Insurance broker

• Hairdresser

The rise of the internet has led to the closure of many high street travel agent branches. This is because, recently, being located close to:

• Competitors has become more important

• Raw materials has become less important

• Labour has become more important

• Customers has become less important