Factors Influencing Business Location Explained
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- เผยแพร่เมื่อ 26 ก.ย. 2024
- Watch this video if you want to understand how a business chooses where to locate and the factors that influence their decision.
In order to make a business as effective as possible it is vital that the business chooses a suitable location that will have the most positive impact on the business. This video covers the factors that impact where a business decides to locate and the implications of that decision.
There are three key in influences on where a business decides to locate. These are:
● Proximity: how close does the business need to be to… the market, labour, materials and competitors. The business needs to decide which one of these is most important to the business.
● Next is the nature of the business activity. What does the business do? is it in retail, a service or manufacturing. We will look at why these would impact the decision of where to locate next
● The final influence is the internet. How does the internet impact on where a business decides to locate?… do they even need a physical location at all?
The video covers each of these in detail and is great for GCSE revision or A level and BTEC business.
If you want to apply your new found knowledge of factors influencing business location then download the free activity sheet here www.tes.com/te...
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Which factor do you think influences business location most? (leave a comment and let us know)
my condolences
@@thisisalex7 Yes, we feel your pain Alex.
Two Teachers what are your opinions on deez nuts trap remix
Fair point, thanks for your input 👍
Being closest to where your mother lives
Amazing and informative video 👍
Glad you liked it
Great video explaining the basic concepts - thanks two teachers!
Thank you so much! Really glad it helped 😁
loved this video it was really helpful for my class!
That's great to hear 😁
Amazing video. Well explained!
Glad you liked it!
that’s a very informative and well-organized video !
Thank you, that's great to hear, glad you found it useful Maria!
who else teacher made you watch this for commerce?
Your teacher sounds like a fantastic person, only the best recommend our content :)
@@TwoTeachers Of course, she is an amazing teacher, btw the video was very helpful!
thx for this helps alot
That's great to hear Teason, appreciate the feedback.
Nice vid bro
Thanks bro 👍
needed to watch this for geography work
Hope it helped 👍
Really helpful tysm
Really appreciate you saying that, glad you to hear you liked it!
Good
Appreciate that Fiachra, hope you learnt plenty from the vid.
Is there awnsers included in the activity sheet?
There isn't at the moment. However all the answers are in the video 😁
A very short and accurate way of explaining factors influencing business location. Thank you!
Really glad it helped and thank you for letting us know 👍
Okay 👌👌👌
👍
where the customers are or how they contact the business!
Not sure 😬
Yo yo yo wsg
Yo yo yo TT
Whenever I hear the word "labour" I also hear slavery lol. Is it just me?
😂
Labour is just the workforce, what jobs and careers are availabke and whatnot
id rather watch charli do the renegade than do more work on this
100%
1000%
moo
Baaaa 🐑
@@TwoTeachers lol 😂
Poopy shoopy
Yes Ooca Buca!
Amazing video
Glad you think so, appreciate it!
Wrong.
Right!
Great video
Thanks appreciate it 👍
coursework saviour
Great to hear, hope you get the grade you wanted!
Silly
Extremely stupid.