Location Flashcards
Proximity to raw materials meaning
Manufacturing business will need to make its location near a source of raw materials. The industries that do this is called bulk reducing.
Bulk reducing meaning
Taking larger materials and breaking them into small finished products.
Industrial inertia meaning
Some businesses stay in the original location as they are well known and have built up a reputation.
Proximity to markets meaning
These businesses need to be near their customers so that they can have high sales. This includes retail and service industries.
Bulk increasing meaning
Taking small raw materials and making it into a large bulky finished products
Availability and price of land meaning
The cost of land varies greatly from area to area. It depends on -
How central the site is
The area of the country it is situated
The competition for the site
The availability of land
Government influences meaning
Businesses could move their business away from their country to somewhere with lower labour costs and and other cheaper costs.
Transport infrastructure meaning
Having good infrastructure like roads or rails is good for getting materials to where you manufacture your products and also for delivering your goods to the customer.
Parking meaning
Town centre parking is expensive and which is why out of town retail centres are so popular and car parking facilities are important as well.
Services meaning
A business will need access to electricity, water, waste disposal and telecommunications.
Quality of life and beauty of the landscape
Environmental issues should be considered in order to not damage the quality of life of the people in that area.
