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