Topic 1.4.3 Making the business effective

Question 1

What are fixed premises?

Answer 1

premises: buildings that have to
be where they are (for example, the high
street); e-commerce buildings can be located anywhere

Question 2

What is meant by the term ‘Proximity’?

Answer 2

nearness; whether or not a
business wants to be close to a factor such as
‘materials’.