Y9 Business Studies - C21 Factors Affecting Location

What is the importance of location in a business?

• Having a large workforce

• Being located in a remote area

• Using more raw materials

• Attracting customers and reducing costs

What factor is important for a manufacturing business in terms of raw materials?

• Cheap and quality raw materials.

• Expensive and quality raw materials.

• Hard to obtain and cheap raw materials.

• Easy to obtain and low-quality raw materials.

Why do retailing businesses need a good delivery network?

• Personal preference of the business owner

• Easier and cheaper to recruit workers

• Foods and perishable products need to be delivered quickly

• Easier to source for raw materials.

What is a factor affecting the location of a service sector business?

• Availability of supplier nearby.

• Cheap labour supply.

• Availability of customers or other businesses.

• Good infrastructure in a railway and seaport.

Which one is not a reason why a business wants to relocate abroad?

• Good source of raw material.

• Large population of people living in a city.

• Easier and cheaper to recruit workers.

• New markets available overseas.

What is a factor that influences a business to relocate at home or abroad due to lack of space?

• Good delivery network

• Need good transportation link and infrastructure

• The present site is not large enough for expansion

• Bank and post office needs to be in busy area

Why might a business relocate due to high wages or lack of skilled workers?

• Easier and cheaper to recruit workers

• Wages are too high or lack of skilled workers

• Good security in the area

• Need the right population and demographic

What factor is important for a retailing business in terms of customer parking area?

• Personal preference of the business owner

• Good telecommunication infrastructure

• Good delivery network

• Availability of customer parking area

Why might a business want to relocate due to rising rents or taxes?

• Good source of raw material

• Need the right population and demographic

• Rents or taxes are rising

• Easier and cheaper to recruit workers

What factor is important for a service sector business in terms of white-collar workers?

• Good security in the area

• Climate

• Availability of white-collar workers

• Good delivery network