Please enable JavaScript.
Coggle requires JavaScript to display documents.
(proximity to the market labour materials and competitors., nature of…
proximity to the market labour materials and
competitors.
proximity to the market
market= customers and consumers
closer to market for some businesses as it makes it easier to make sales
proximity to labour
easer to source workers
some business high skill jobs can be located further away
proximity to materials
being clost to matirials is impotrtant for manufacture and productionn as it makes it cheeper to transport
Bulk gaining products(materials smaller than product)
business near market so that it doesn't have to transport the finished product, as this would be more expensive
Bulk reducing products (product is smaller than materials)
production will be closer to materials instead of market to keep transporting costs low
proximity to competitors
many busneses are locatedd far away from competitors witch means can acces more costomers whithout having to fight compitition
makes it more of a monoppoly and makes it more convenniant for consumers
for some busneses e.g. car dealerships wherebeing close to their competitors is imporant to their sucsess as they want costomers to cosider different prices whith piut whith a worse option
nature of the bussines activity
retail
need to located in busy areas whith lots of foot trafic as to acces the most customers
execption to this is internet
sevice
far from customers
seves that can be compleated remotly will eg telephone
neer customers
physical services eg tansportation where need to acces client
manufacturing
needs to be remote in order to not distub peeopleand can often but often cvcheaper real estate
can be closer to materials
mthe importance of infrastucture
for manycompanyes thet rely of transporation innfusructur is essental to their sicsees
the impact of the internet on location decisions
e/m-commerce
lover costs
flexible working hours
acess to larrger market
able to be 24 hours
low cost
fixed premesces
morse ecpoencise upkeep
:
