Location Quiz by Shubhrata Shrestha | Sep 15, 2025 | 0 comments Location Quiz 1. Which of the following is a quantitative factor in business location? a) Management preferences b) Local knowledge c) Proximity to raw materials d) Ethical concerns None 2. Why might a business locate near its target market? a) To avoid government bureaucracy b) To reduce transport costs for bulky final goods c) To reduce dependence on raw materials d) To gain political stability None 3. Which of the following is an advantage of outsourcing? a) Closer quality supervision b) Increased labour costs c) Access to specialised expertise d) Reduced workforce flexibility None 4. Political instability is considered a: a) Quantitative factor b) Qualitative factor c) Outsourcing strategy d) Government incentive None 5. Which of the following is an example of bulk-reducing industry location? a) A furniture retailer in a city centre b) A mining company near the extraction site c) A clothing store near customers d) An airline company headquarters None 6. Which strategy involves bringing previously outsourced tasks back in-house? a) Offshoring b) Insourcing c) Outsourcing d) Clustering None 7. A company relocating production from overseas back to its home country is practicing: a) Outsourcing b) Offshoring c) Reshoring d) E-commerce None 8. Which of the following is a disadvantage of offshoring? a) Reduced transport costs b) Access to cheaper labour c) Risk of cultural and communication barriers d) Increased focus on core activities None 9. What is a qualitative factor in location decisions? a) Cost of labour b) Infrastructure availability c) Proximity to customers d) Access to raw materials None 10. Why might a firm choose to remain in its current location for ethical reasons? a) To minimise transport costs b) To avoid negative publicity from job losses c) To gain subsidies from government d) To exploit lower wages abroad None Time's up Submit a Comment Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ
