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SingaporeBusiness StudiesQuick questions
Business Organisation and Environment
Quick questions on Business location decisions explained: O-Level Business Studies
4short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.
What is the trade-off?Show answer
Location decisions usually involve a trade-off: a busy city-centre site brings customers but high rent; a cheap out-of-town site cuts costs but may be far from customers. The firm balances cost against access to its market and inputs.
What is q1?Show answer
State two factors a business considers when choosing a location. [2 marks]
What is q2?Show answer
Explain why a shop is more likely than a factory to prioritise nearness to customers. [3 marks]
What is q3?Show answer
Analyse how government influence might affect a manufacturer's location decision. [4 marks]
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