1. What factor might influence a business's choice of location?
Select as many answers as appropriate
Proximity to materials
Proximity to labor
Proximity to market
Proximity to the CEO's place of residence
Proximity to competitors
The location's popularity as a tourist destination
The historical significance of the area
2. How does proximity to resources impact a business?
It increases the company's environmental impact through use of vehicals
It only affects marketing strategies
It affects the efficiency of obtaining necessary materials and services
It's irrelevant in the service industry where proximity does not matter