Locating Abroad (AQA A-Level Business): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What are the two main strategic aims when businesses locate operations abroad?
What are the two main strategic aims when businesses locate operations abroad?
Reduce costs & increase revenue
Why do companies employ foreign workers when locating abroad?
Why do companies employ foreign workers when locating abroad?
Labour costs much lower than in UK
How can businesses avoid trade barriers like tariffs when selling in protected markets?
How can businesses avoid trade barriers like tariffs when selling in protected markets?
Establish operations within that country
What does offshoring involve?
What does offshoring involve?
Moving specific departments to cheaper countries
Which countries are mentioned as common offshoring destinations?
Which countries are mentioned as common offshoring destinations?
China, India, Malaysia, Mexico, Indonesia
What is re-shoring?
What is re-shoring?
Moving departments back to country of origin
What has India specialised in that attracts overseas companies?
What has India specialised in that attracts overseas companies?
Communications & IT services
Why do some businesses relocate R&D departments to China?
Why do some businesses relocate R&D departments to China?
Close to manufacturing & skilled low-cost labour
What non-financial benefit do companies bring to the host country?
What non-financial benefit do companies bring to the host country?
Create new jobs & increase income
Why must businesses consider non-financial impacts when locating abroad?
Why must businesses consider non-financial impacts when locating abroad?
Damaged reputation impacts sales & profitability