Choosing a Production Location (DP IB Business Management)
Revision Note
Written by: Lisa Eades
Reviewed by: Steve Vorster
Factors Influencing the Production Location
Choosing a good production location can have significant impacts on a business.
A range of factors influence the location a business chooses for production
Diagram: factors affecting business location
Factors Influencing Choice of Production Location
Factor | Explanation |
---|---|
Proximity to the market |
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Proximity to labour |
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Proximity to materials |
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Proximity to competitors |
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The nature of the business activity |
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Infrastructure |
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