3.1.5 Business location

Which of the following factors of production describes the place where a factory is located?

• Land

• Labour

• Capital

• Enterprise

Which of the following is likely to be the main influence for Cineworld when deciding on the location of a new cinema?

• Location of suppliers

• Cost of the site

• The number and location of its target market

• Availability of labour

Which of the following businesses is most likely to locate close to its competitors?

• Garden Centre

• Petrol Station

• Hairdressers

• Fashion clothing store

A business has the choice to locate at Site A, which is close to raw materials, labour and customers, or Site B that has a lower rent. The opportunity cost of choosing Site A over Site

B is being:

• Close to customers

• Able to reduce costs

• Able to access raw materials

• Close to labour

Which of the following businesses is most likely to locate close to its customers?

• Marks and Spencers

• TripAdvisor

• Google

• Facebook

The BBC has relocated some of its operations from Central London to Cardiff. This is likely to be due to:

• Cost

• Availability of raw materials

• The availability of labour

• The location of rivals

The location factor known as proximity to the market involves knowing where:

• Employees are located

• Suppliers are located

• Customers are located

• Labour is located

Which of the following businesses is most likely to be concerned with being close to competitors rather than customers?

• Estate agents

• Hairdresser

• Newsagent

• Butcher

A new start-up café is most likely to locate close to its:

• Customers

• Suppliers

• Employees

• Competitors

Online businesses locate in less expensive and more remote locations because:

• They need to be close to the competition

• They do not need to be close to the market

• They need to be close to raw materials

• They do not need to consider cost