• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Business location case study - Richer Sounds and UKWeb co.

Extracts from this document...


Activity 1d Location Richer Sounds are located in England, Scotland, Wales and Northern Ireland. The reason that they moved to different location is because they have more shopper which means customers in that area. They have to principal in chosen their location which is included:- - They must be sufficient which means that they should be profitable to their customers - They store must not be too near to each other because they would simple lose out the same customers instead of having new ones. (Source: Richer Sounds website) They have to choose their store carefully because of they financial crisis and they also follow their store carefully because they want to find out the number of customers in the area and the location site if it is willing to attract as much customers as possible. Location of the business is a good indicator of the area and the business. Richer Sounds has being located at London for the past 31 years. This shows that they are well established for the past years. ...read more.


Because they are some areas that customers get bored of so they need some thing new - It may be cheaper location where they are more customers - Good transport service and excellent parking space. Excellent parking space is needed because of the products being sold. Richer Sounds deals with a range HI-FI, home cinema, video and DVD products. Customers need space to be able to carry the product that they bought to the car or to any other transportation links. - No competition area - Less demand for the products and the business is forced to downscale in size but it doesn't necessary mean bankrupt but instead it means that they just have to cut down in some areas that are not doing well. - More skills in Asia such as China/ Japan which have a larger industrial sector and a manufacture - Area might be poor - Customer boredom - Style of the customer might change e.g. Woolworth is no longer on the high streets but they are now online. ...read more.


Being in a house doing a business is not professional and the business become less popular and less conductive for the customers. And they expanded and the business grew. -Relocating business is the most stressful thing and some times exciting because it's a private limited company- Even as a small business they are factor that can still cause the business to relocate. But as a small business, they have an opportunity to still grow and they have plans for expectations. Most factors that can cause UKWebCo.com to relocate in the later future would be:- - Increase - Growth of the business - Cheaper work force in India - More skills in Asia such as * China/ Japan which have a larger industrial sector and a manufacture * India which has more skills in ICT and are technical and advance. - They are near customers - They have less demand for the products and the business is forced to downscale and size. - Reduction of cost can affect their business - Exchange rate can affect them because of the pound downfall the same as Euro - Raw materials such as Electricity - Also an advantage on low interest rates ?? ?? ?? ?? ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our GCSE Business, Companies and Organisation, Activity section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related GCSE Business, Companies and Organisation, Activity essays

  1. Business Studies

    and business spending > Economic cycle - Fluctuations in consumer/business spending > If employees are confident about their level of job security they show increased willingness to spend > Increase in consumer demands - increase in goods/products > The government will need to ensure that this level of growth is

  2. Functional Areas Report

    Several people for different parts of the world are connected by telephone at the same time and can speak to each other. Tesco have to know that in any oral communication it is important to speak clearly. And try to avoid using slang and jargon unless it actually helps others to understand!

  1. Functional Areas

    Because financial staff are responsible for controlling the money they will advice the managers when the company is over spending. This can mean cutting down on expenditure.

  2. Ann Hopkins Case Analysis

    promote cordial relations within a firm which is necessarily dependent on team effort (18). The Policy Board weights negative comments more than positive comments. However exceptions were given to 2 of the partners for fearing of loosing them to competitors as well as valuing their specific skills (19).

  1. Business Studies(Setting up your own business)

    The idea of market research is mainly to find out exactly what the consumers want. It helps the business to develop new products, get rid of old products, and keep existing favourite products going. 3.2 Types of market research Different types of primary research are: * Interviews - An advantage

  2. English for business

    Characteristics to have a successful interview : * Be neat and well groomed. * Be natural, friendly, relaxed but not sloppy or overly casual. * Be interested in the work involved in the job. * Have definite vocational goals. * Articulate the goals you have in mind.

  1. Applied Business Unit 1

    This could happen if the owner is changed or the company is struggling in the market. How Swift Supplies ownership could change Swift Supplies has been a sole trader since it started off in the year 2000 and it has been expanding since so the chance of it changing into another ownership is very likely.

  2. Case Study of the "Life is Good" clothing company.

    Help employees align their personal goals with their work goals. 3. Provide a work environment that is appropriate for the work and conducive to employee well-being. 4. Encourage employee communication and cooperation 1. Dealing with Underperforming Employees. Right and periodic provision of motivation and counseling by the managers will help the employees to improve upon their performance.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work