Page 429 - Cambridge IGCSE Business Studies
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IGCSE Business Studies Student CD-ROM
18 Location decisions
Factors influencing location and relocation decisions
Cost of site Price of land to buy or rent
Cost and availability of Average weekly wage,
suitable workers skill level of workers
How close is the site to suppliers?
Quantitative factors Transport costs How easy is it for customers to
access the site?
How close is the market?
Market potential
What is the size of the market?
Are there any grants or other
Government incentives
Factors influencing location help from government?
and relocation decisions
Large enough for current and
Size of site
future needs
Planning rules and restrictions
Legal controls on location in certain areas will
vary from country to country
Qualitative factors
How good are transport links
Infrastructure and facilities such as water and
power?
How might relocation affect
Ethical issues existing workers − will they be
made redundant?
© Cambridge University Press 2014 IGCSE Business Studies Section 4 – Mind maps 7
