Friday 13 November 2015

Factors which influence location


There is a lot involved in making a jar of Nutella. For example, all of the factors which influence the location of the factory and also the processes, which is using the companies inputs to make the actual product and how they do so. There are a lot of factors which influence where a factory is situated. For example if you need water as a main part of your business, you would be likely to situate your factory near a river.



Factors that influence location:

  1. Transport facilities
  2. Raw materials
  3. EU policies
  4. Labour
  5. Market
  6. Insurance
  7. Capital


        
image source: bulletcourier.com



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