Chapter 14 Flashcards
1
Q
Importance of business locations
A
Can significantly boost the businesses long term performance.
2
Q
Factors impacting the location of the business
A
Transport
Raw materials
Climate conditions
Crime
Competition
3
Q
Labour relations
A
Govern workforce practices such as overtime , minimum wage , employee breaks , as well as sick leaves as well as hiring minors and preventing discrimination
4
Q
Labour relations examples
A
If labour is expensive the price of products will increase.
