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Business location study guide
Study Business location with curriculum-aligned Study Guide resources, practice links, and exam-focused support.
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Business location
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Business location: study guide
The physical closeness of a business to its target customers or the market it serves. Basic materials used in production. The physical place where a business operates, including its facilities, premises and surrounding environment. Exam
The physical closeness of a business to its target customers or the market it serves.
Basic materials used in production.
The physical place where a business operates, including its facilities, premises and surrounding environment.
Exam practice
- Which of the following is a direct benefit for a retailer when choosing a location close to its target market?
- Explain how proximity to the market can influence a small manufacturer’s decision on where to locate its factory.
- Why might a small manufacturer choose a location close to its raw material source?
- Analyse how the availability of raw materials can influence the location decision of a small manufacturer, considering both cost and production efficiency.
- Which factor is most likely to push a small retailer to choose a high street location over a shopping centre?
- Analyse how a small manufacturer might decide between locating in a city centre versus a rural industrial estate, taking into account competition and cost factors.
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