Podcast
Play an AI-generated podcast conversation about this lesson
Questions and Answers
When considering business location, which factor is related to infrastructure and accessibility?
When considering business location, which factor is related to infrastructure and accessibility?
- Power and water supply, good road connections (correct)
- Proximity to the market
- Cost of doing business
- Competition level
What is a consideration under the aspect of government laws and policies when establishing a business?
What is a consideration under the aspect of government laws and policies when establishing a business?
- Licenses & permits (correct)
- Proximity to the market
- Talent acquisition
- Government incentives
Which factor is related to the cost of doing business when choosing a business location?
Which factor is related to the cost of doing business when choosing a business location?
- Talent acquisition
- Competition level
- Cost of rent, taxes, business rates, minimum wage requirements, and economic incentives (correct)
- Government incentives
What is an important consideration when evaluating the local community for business establishment?
What is an important consideration when evaluating the local community for business establishment?
Signup and view all the answers
Which factor is related to sources of business finance when launching a business?
Which factor is related to sources of business finance when launching a business?
Signup and view all the answers
Flashcards are hidden until you start studying
