Reasons for a specific location of production

IB Business Management: Reasons for a specific location of production

This section of the IB Business Management syllabus requires students to explain the various reasons for a specific location of production (AO2). There is a number of reasons for a business to choose a specific location for its operations. These factors include both qualitative and quantitative reasons, such as:World"s most expensive retail space, annual rent in USD per square foot*Source: Statista, 2020

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