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WorksheetsBUSINESS LOCATION
Total questions: 13
Worksheet time: 5mins
Name
Class
Date
1.
What is the main important factor for a retail business?
a)
Labour Costs
b)
Cost of raw materials
c)
Footfall
d)
Rent
2.
In a deprived area, what would attract a business?
a)
Government Grants
b)
Availability of labour
c)
Advice and Support
d)
Cost of stock
3.
What is the a fixed cost
a)
Wages
b)
Rent
c)
Stock
d)
Rates
4.
The most important factor to consider when deciding on locations is the amount of land to be used
a)
true
b)
false
5.
1. Developing countries are attractive locations to place business because
a)
a. They industrialize faster than developed countries \
b)
a. Labor and resources are affordable
c)
a. There is a high population
d)
a. All of the above
6.
1. As long as you have a good business plan and an innovative product you can place your business anywhere it will make profit.
a)
true
b)
false
7.
1. Business locations is define as the positions in which business are placed.
a)
true
b)
false
8.
The _____________ is the environment of a given community that is relevant to the operation of a business.
a)
Business attitude
b)
Business atmosphere
c)
Business climate
d)
Business conditions
9.
The _____________ is an exterior shopping area that has developed without very much planning.
a)
Basic Business District
b)
Fundamental Business District
c)
Essential Business District
d)
Central Business District
10.
A rental agreement between a landlord and a renter for a property.
a)
Contract
b)
Lease
c)
Covenant
d)
Liability
11.
The space in which to park vehicles with convenient access to the retail business.
a)
Garage
b)
Parking
c)
Car park
d)
Car stalls
12.
Refers to the number of people who pass a retail location during a given period of time.
a)
Passage
b)
Traffic
c)
Movement
d)
Patronage
13.
Before deciding on a retail location, is is important to consider if the town will accept a new retail business.
a)
True
b)
False
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