Y9 Business Studies - C21 Factors Affecting Business Location

What is one reason why the location of a business is important?

• It determines the business's logo.

• It sets the business's opening hours.

• It influences the color scheme of the store.

• It can affect the profitability of a business.

Which factor is crucial for a manufacturing business to save on transportation costs?

• Brand loyalty.

• Online presence.

• High advertising budget.

• Availability of nearby suppliers.

What demographic factor is important for retailing businesses?

• Access to raw materials.

• High population with high spending power.

• Availability of skilled labor.

• Proximity to manufacturing plants.

Why do service businesses need to be located near customers?

• To reduce operational costs.

• To increase online sales.

• For direct contact with customers.

• To have a larger storage area.

What is a factor that affects the location of a retailing business?

• Proximity to government offices.

• Availability of manufacturing resources.

• Existence of competitors nearby.

• Access to international markets.

Which factor is essential for the manufacturing sector regarding workforce?

• Easier and cheaper to recruit workers.

• High employee turnover.

• Flexible working hours.

• Remote working options.

What is a reason businesses might relocate abroad?

• To bypass trade barriers.

• To increase local competition.

• To reduce product quality.

• To limit customer access.

What is a key factor for the service sector regarding infrastructure?

• Good telecommunication infrastructure.

• Access to raw materials.

• Proximity to manufacturing sites.

• Availability of parking spaces.

Why is a good delivery network important for retail businesses?

• To ensure quick delivery of perishable products.

• To reduce the need for advertising.

• To increase the number of employees.

• To enhance product quality.

What is a factor that affects the location of a service business?

• Proximity to competitors.

• Availability of manufacturing facilities.

• Access to raw materials.

• Availability of white-collar workers.