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There are a number of factors to consider when choosing a business location. Some of them include nearness to the market, security, population of the place, demand of your core business and so much more.

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Q: Factors when choosing a business location?
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What factors are involved in choosing a location for your business?

THERE ARE NUMBER OF FACTORS TO BE CONSIDERED BEFORE CHOOSING A SITE FOR BUSINESS AS FOLLOWS [A] Availability of custom.[B]Availability of raw material; [c]Infrastructure;[D]Availability of labour both skilled and unskilled.These are some of factors depending on nature of your bussiness.


What are the factors to be considered while starting a business?

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The factors that affect the location of a business include:Level of competition from similar vendors/businessesAvailability/accessibility for/to customersAccessibility to suppliersConsumer demand of such a business in a certain locality (i.e., if your business is the only coffee shop in town, you will get lots of customers. If your business is one of many coffee shops in a town or city, you will not get as many customers)Ability to expand the business


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What are four factors that a business must take into consideration when choosing a supplier?

The factors that a business should take into consideration when choosing a supplier are: - The price - the business must make sure the price is what they can afford, if the prices are too dear then the business should look elsewhere for a supplier. -The quality - Is the products of a good enough standard fr the business to use?, if they are not business should not use this supplier. -Reliability - business must make sure that the supplier will turn up when they have said they will. If not work will be delayed. -Time for deivery - how long does it take for the producs to be delivered? If business needs products within the ni=ext day and the supplier cannot do this it will result in work stopping and therefor the business will lose money. hope that helped, j

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What are the factors to consider in choosing a business?

Establishing a business of your own is not easy, but if guided by business principles and procedures, you can do it. in running and choosing a business, you need to consider the following: # Availability of Resources. # Market Demands. # Current Business Trends. # Good Location. # Capital or Fund.


What factors are involved in choosing a location for your business?

THERE ARE NUMBER OF FACTORS TO BE CONSIDERED BEFORE CHOOSING A SITE FOR BUSINESS AS FOLLOWS [A] Availability of custom.[B]Availability of raw material; [c]Infrastructure;[D]Availability of labour both skilled and unskilled.These are some of factors depending on nature of your bussiness.


Explain the three levels of production where business activity takes place and the main factors to be takes into account when choosing the location of a factory?

The 3 levels of production where business activity takes place are: 1. Subsistence level 2. Surplus level and 3. Domestic level. The main factors to be taken into account when choosing the location of a factory are: land, labour and capital.


What is the role of business in society?

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Various factors can affect the globalization of a business. For example, cultural factors may affect how viable a product is in a certain location.


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