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1.4.2 Business location - Match-up

Match-up definitions and answers with key terms and examples. Press submit to check your answers.

Business Location
Proximity to Market
Proximity to Labour
Proximity to Materials
Proximity to Competitors
E-commerce


Answers
The closeness of a business to its customers, which can affect accessibility and visibility
The business's closeness to a potential workforce, impacting employee availability and commuting times
The location of a business relative to similar businesses, which can impact competition and customer choice
The buying and selling of goods or services using the internet, without the need for fixed premises
The physical place where a business operates from, crucial for its success and accessibility
The distance between a business and its essential materials, affecting supply chain efficiency
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