1.4.2 Business location

Question 1

What are some factors in terms of proximity do businesses need to consider?

Answer 1

• market
• labour
• transport
• materials
• competitors

Question 2

How does the nature of business influence location?

Answer 2

• manufacturing-requires specialist resources and facilities for waste removal e.g. away from residents
• exporting- need access to docks, rail or airport in order to distribute goods
• retailing-situated on a busy high street in an area where customers tend to shop
• tourism-near popular tourist attractions

Question 3

What is the impact of internet on location?

Answer 3

• trading on the internet (e-commerce) removes the significance of location for many businesses because the place where they trade is virtual
• this allows businesses to save costs-no premises needed