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Classify the items below under department stores, sales promotion, transport and warehousing, and state FOUR factors that determine the choice of a business location.
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Step 1: Analyze Question 1.
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a) Classify the items below under department stores, sales promotion, transport and warehousing.
- Department stores: Credit, Premium
- Sales promotion: Free gifts
- Transport and warehousing: Advice note, Conveyors, Delivery note, Fork lift
- "The buyer" is a general term for a party in a transaction and does not fit specifically into these categories.
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b) State FOUR factors that determine the choice of a business location.
- Proximity to market: Locating near customers ensures easy access and reduces transport costs for buyers.
- Availability of raw materials: For manufacturing businesses, being close to sources of raw
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