Question

Which of the following factors may affect the location of business?

• A. Transport facilities
• B. Availability of labour
• C. Market - Customers
• D. All of the above

Answer 1

The correct option is D All of the above

The costs of a business location can be influenced by many non-financial factors, but which can still be significant when making the choice. These include Local government attitude to supporting business (including financial assistance).

The nearness of the market and the cost of delivering the goods are likely to be important factors.