Topic 5.4 examines the factors businesses consider when choosing a location, including proximity to markets, labour availability, infrastructure, and government incentives. Students evaluate location decisions using quantitative and qualitative methods and assess the impact of globalisation on location choices.
Business Management is assessed through Paper 1 (case study) and Paper 2 (structured questions). Expect to apply these concepts to business scenarios using appropriate tools and terminology.
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Start studying freeTopic 5.4 Location forms a core part of Unit 5: Operations Management in IB Business Management. Mastering these concepts will strengthen your understanding of connected topics across the syllabus and prepare you for exam questions that require analysis, evaluation, and real-world application.
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