Study resource
Business location key terms
Study Business location with curriculum-aligned Key Terms resources, practice links, and exam-focused support.
At a glance
key terms
Resource type
Topic
Business location
AqaGcseBusinessBusiness in the real world
Key terms
Proximity to market
The physical closeness of a business to the customers it serves, influencing transport costs, customer access and competitive dynamics.
Labour
The human workforce available to a business, including skills, wages, and availability.
Fixed costs
Costs that do not change with the level of output in the short run, such as rent, salaries and insurance.
Related topics