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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 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
The location of a business relative to similar businesses, which can impact competition and customer choice
The business's closeness to a potential workforce, impacting employee availability and commuting times
The closeness of a business to its customers, which can affect accessibility and visibility
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