Push factors for locating a business includes _________.
A
availability of skilled labour
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
rising competition in an area
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C
government support
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
technological advancement
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution
The correct option is B rising competition in an area
Push factors include rising competition in an area, rising costs, poor communication systems, falling demand. There are a number of push and pull factors drawing firms toward certain locations and away from others. Factors drawing away business from a certain location is called as push factor. Hence, push factors for locating a business include rising competition in an area.