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Year 11 Exam  >  Year 11 Tests  >  Test: Location Decisions - Year 11 MCQ

Test: Location Decisions - Year 11 MCQ


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10 Questions MCQ Test - Test: Location Decisions

Test: Location Decisions for Year 11 2024 is part of Year 11 preparation. The Test: Location Decisions questions and answers have been prepared according to the Year 11 exam syllabus.The Test: Location Decisions MCQs are made for Year 11 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Location Decisions below.
Solutions of Test: Location Decisions questions in English are available as part of our course for Year 11 & Test: Location Decisions solutions in Hindi for Year 11 course. Download more important topics, notes, lectures and mock test series for Year 11 Exam by signing up for free. Attempt Test: Location Decisions | 10 questions in 20 minutes | Mock test for Year 11 preparation | Free important questions MCQ to study for Year 11 Exam | Download free PDF with solutions
Test: Location Decisions - Question 1
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What factors influence the choice of location for a manufacturing business?

Detailed Solution for Test: Location Decisions - Question 1
Manufacturing businesses often choose locations close to sources of raw materials to reduce transportation costs and ensure a steady supply chain.
Test: Location Decisions - Question 2
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Why might a service business prioritize customer proximity when choosing a location?

Detailed Solution for Test: Location Decisions - Question 2
Service businesses benefit from being near their customers to provide faster response times, better service, and to build stronger customer relationships.
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Test: Location Decisions - Question 3
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How does access to skilled labor influence location decisions for both manufacturing and service businesses?

Detailed Solution for Test: Location Decisions - Question 3
Both types of businesses require skilled labor to maintain productivity and quality standards, making access to skilled labor a critical factor in location decisions.
Test: Location Decisions - Question 4
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What role does transport infrastructure play in location decisions for manufacturing businesses?
Detailed Solution for Test: Location Decisions - Question 4
Efficient transport infrastructure allows manufacturing businesses to receive raw materials and distribute finished goods quickly and cost-effectively.
Test: Location Decisions - Question 5
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Why is customer proximity less critical for some manufacturing businesses compared to service businesses?
Detailed Solution for Test: Location Decisions - Question 5
Manufacturing businesses prioritize operational efficiency and cost reduction over customer proximity due to their focus on production processes rather than direct customer interaction.
Test: Location Decisions - Question 6
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How does government policy influence location decisions for businesses?
Detailed Solution for Test: Location Decisions - Question 6
Government policies such as tax incentives can significantly impact location decisions by reducing operating costs and increasing profitability.
Test: Location Decisions - Question 7
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What advantages do businesses gain by locating in industrial clusters?
Detailed Solution for Test: Location Decisions - Question 7
Industrial clusters provide businesses with economies of scale, shared resources, and specialized labor, resulting in lower production costs and enhanced competitiveness.
Test: Location Decisions - Question 8
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Why might a service business choose a central urban location over a suburban location?
Detailed Solution for Test: Location Decisions - Question 8
Urban locations offer access to a larger customer base, higher visibility, and greater business networking opportunities compared to suburban areas.
Test: Location Decisions - Question 9
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How does market proximity influence location decisions for service businesses?
Detailed Solution for Test: Location Decisions - Question 9
Service businesses benefit from being close to their target market to respond quickly to customer needs, adapt to market trends, and improve service delivery.
Test: Location Decisions - Question 10
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What challenges might businesses face when expanding internationally in terms of location decisions?
Detailed Solution for Test: Location Decisions - Question 10
International expansion presents challenges such as navigating different regulatory environments, complying with local laws, and adapting to cultural differences which can impact location decisions.
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Location Decisions MCQs with Answers

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