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Businesses choose the location for their business for many different reasons. Depending on the company, the reasons differ.

Extracts from this document...

Introduction

Businesses choose the location for their business for many different reasons. Depending on the company, the reasons differ. The main reasons are: Location of Raw goods Some companies like steel, iron and coal manufacturers choose a location because the raw goods that they need are already located there. If they locate where the supplies are they save a lot of money on transporting goods. Market Other companies like dentists, doctors, lawyers, retailers etc, locate where the market is. This would increase profit. Labour Some firms need a skilled workforce to manufacture the product the make. So they locate where there is a skilled labour force. Other firms locate somewhere, where there is a high unemployment rate; this means they save a lot of money on wages because people who need a job will work for any amount of money. Transport and communication links Firms who export and import goods need to be close to sea and airports. Good road and rail links are needed to transport goods around the country. Economies of concentration Sometimes being near your competitor can work in favour for a company. This is because there will be a skilled workforce near by, also suppliers will locate where the business is. This cuts down on transportation costs. Customers will also know where to come. Government Governments often pay global companies locate in their country. Local councils will also cut taxes for companies who locate in an area of high unemployment. Industrial inertia Companies who have been in one place for a long time might not want to relocate, even though it might work out cheaper in the future. Personal reasons Some companies want to work in a nice environment. Climate Industries such as agricultural ones need to be in a hot climate to grow their products. Location of Cameron Balloons Cameron Balloons are located in Bedminster, near Bristol. This not only gives it national status, but also international status as well. ...read more.

Middle

The disadvantage with sending the staff e-mail would be that some staff might not have Internet access. The disadvantage of arranging a meeting would be some of the staff might be absent on that day. The disadvantages of putting up a notice on the notice board would be staff might not see it, or it could get covered up, or even there might not be a notice board. The telephone would be most appropriate when a conversation between two people needs to take place. The advantages of using telephone are, it's quick, it can be inexpensive and it can be private. The disadvantages of using telephone are that it can be tapped; it could cost a lot if the person who needs to be contacted is in a different country. Using email would be most appropriate say if a contract needed to be sent to a person who was in Tokyo. The advantages are its quick, inexpensive and don't take time. The disadvantages would be the person in Tokyo might not have access to a computer; the email could not reach its destination and it's not secure. Cameron Balloons use email as way of informal communication but they also say that it has a disadvantage of not being secure. A letter would a formal way of addressing somebody, it would be best used either in dismissing a person or sending out an enquiry about something. The advantages are it can be recorded whereas telling somebody face to face a record may not be able to be kept. It is more likely to be remembered if it is written down. Cameron Balloons use written communication as a formal way of contacting a person. A fax would be used say if an important documentation needed to be sent to somebody quickly. For example at Cameron Balloons say if somebody in the USA factory needed a diagram of a part of a balloon, fax would be the best method. ...read more.

Conclusion

Secondly the air pollution caused whilst the production, delivery of products to make the balloon and delivering the balloon to the client. The pollution is bad for the environment, the fumes emitted such as methane and carbon dioxide add to the greenhouse effect. When Cameron Balloons manufacture a balloon they use water, the water may be contaminated and has to be disposed of so it doesn't effect the environment. The water can't be disposed of in a river, stream or canal. Economic Conditions: T. K. Maxx Changes in the exchange rate for T. K. Maxx could have a good effect on the business or a bad effect. If the exchange rate increased it could allow T. K. Maxx to import more goods into the country at a cheaper price. But if the exchange rate was to fall it would make it more expensive for T. K. Maxx to import goods. The interest rate is altered by the Bank of England to help sustain the financial system. Alterations in interest rates have good and bad effects on both businesses and consumers. Lowering and raising the interest rate might have bad effects at the time, but in the future it will have a better outcome. Economic Conditions: Cameron Balloons' Cameron Balloons' deal with a lot of overseas customers so changes in the exchange rate affect them a lot. Plus, changes in interest rates also have effects on the business. If the exchange rate was strong, it would enable Cameron Balloons' to buy cheaper raw materials. This could mean them saving a lot of money, plus selling the balloons at a more competitive rate. But if the exchange wasn't in favour of Cameron Balloons' it would mean raw materials from overseas would be more expensive. The interest rate will also affect the business whether it rises or falls. If the interest rate rises it makes it more expensive for Cameron Balloons' to borrow money from a bank. If the rate falls it is cheaper to borrow money. ?? ?? ?? ?? ...read more.

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