<Chapter 1.5> Business location
A Coggle Diagram about Factors affecting the location decision, The location decision (The decision of where to locate all or part of their business operations is critical for the business.
The right location choice can aid all aspects of the business from production and logistics(실행계획) to human resource management whilst the wrong decision can lead to business failure., When a firm considers where to locate there are many factors that might be considered and the factors that have most influence on the decision will vary according to the nature of different business and e.g. service-based industries are likely to have different priorities to firms operating in product markets
large firms might have a greater range of options than small firms operating in local markets) and Key Terms (Infrastructure: the equipment and systems that exist in a country that provide a platform for business to be done such as roads, transport links and telecommunications and Location: the site or sites that a business chooses to base its operations)