26. Location & Scale (AL)

Define 'optimal location'. [2K]

Define 'offshoring'. [2K]

Define 'internal diseconomies of scale'. [2K]

List three quantitative factors that determine location decisions. [3K]

List three qualitative factors that determine location decisions. [3K]

Give two reasons why globalisation has been made easier in recent history. [2K]

Give two reasons why some analysts are concerned with the future of globalisation. [2K]

Which of these is NOT a factor affecting the scale of operations?

• Owner's objectives

• Marketing approach

• Capital available

• Size of market

Briefly explain 'financial economies of scale' (max 50 words). [1K,1AN]

Briefly explain one 'internal diseconomy of scale' (max 50 words). [1K, 1AN]