Business Studies - Location decisions

Beschreibung

Factors affecting the location decisions of businesses and government influence over location decisions.
Rawan Jurdi
Karteikarten von Rawan Jurdi, aktualisiert more than 1 year ago
Rawan Jurdi
Erstellt von Rawan Jurdi vor mehr als 8 Jahre
29
0

Zusammenfassung der Ressource

Frage Antworten
Factors affecting the location of a manufacturing business - production methods - market - Raw materials/components - external economies of scale - availability of labour - government influence - transport and communication - power and water supply - climate
Factors affecting the location of a service sector business - customers - technology -availability of labour - climate - near to other businesses - rent/taxes - customers (direct/no direct contact) - personal preference of the owners
Factors affecting the location of a retailing business - shoppers - nearby shops - customer parking availability/nearby - availability of suitable vacant premises - rent/taxes - access if delivery vehicle - security - legislation
Locating in different countries - new market overseas - cheaper or new sources of materials - difficulties with the labour force and wage costs - rents/taxes considerations - availability of government grants and other incentives - trade and tariff barriers
Why do governments try to influence these location decisions? - to encourage businesses to set up and expand in areas of high unemployment - to discourage firms from locating in overcrowded areas or in sites which are noted for their natural beauty
Types of measures often used by governments to influence where firms locate - Planning regulations will legally restrict business activities that can be undertaken in certain areas - Many governments provide grants or subsidies to businesses to encourage them to locate in undeveloped parts of the country
Zusammenfassung anzeigen Zusammenfassung ausblenden

ähnlicher Inhalt

Business Studies Unit 1
emily.mckechnie
Unit 3 Business Studies
Lauren Thrower
Life insurance
b_serong
Forms of Business Ownership Quiz
Noah Swanson
3.1 Keywords - Marketing
Mr_Lambert_Hungerhil
Unit 1: Business Studies GCSE
Libby Rose
Types and Components of Computer Systems
Jess Peason
Forms of Business Ownership
James HERSH
Unit 3.1: Marketing
nk_
History - Treaty of Versailles
suhhyun98
Business Studies Unit 2
tara.springate