Explain Six Factors That Would Affect The Location Decision Of A Manufacturing Business?

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Lily James answered

Location is a very important factor for a manufacturing business. It can impact the working of the business as a whole. It could increase or decrease the fixed costs associated with a business.

Following are the six factors that affect the location decision of a manufacturing business:

- Proximity to raw materials

- Cost of land

- Tax rates

- Availability of skilled labor

- Proximity to customers

- Availability of other production materials

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