Location Of The Business
Specification:
1.5 Choosing the Location of the Business • factors influencing start-up location decisions |
Candidates should understand the factors
influencing where a business is located, including: the availability of raw materials, transport, labour, competition/other businesses, technology, proximity to the market and costs. |
Lesson 18:
Location Of The Business
Lesson Objectives:
- To understand the different factors affecting where a new business might start up (D-E)
- To analyse the advantages and disadvantages of different locations (B-C)
- To evaluate the best location for a new business to start up (A*-A)
- To understand the different factors affecting where a new business might start up (D-E)
- To analyse the advantages and disadvantages of different locations (B-C)
- To evaluate the best location for a new business to start up (A*-A)
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Starter: Watch the video and decide what factors can affect the location for a start up business.
Q. How do you think your business location can affect your costs, sales and image?
location_hand_out.doc | |
File Size: | 28 kb |
File Type: | doc |
Examiner's tip: The 'right' location for a business will depend on the nature of the business. Make sure you think about the particular business in the exam question. Does it need to be near raw materials? How close does it have to be to its customers?
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Plenary: Do you think setting up a business in your own home is the best place to start?