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What should be considered while choosing a location for a business?

Answer and explanation

Correct answer: Customer access and business needs

A suitable location should make it reasonably easy for target customers to reach the business and should support its operations. The entrepreneur may consider demand, transport, facilities, cost, and available space. Wall colour, building height, or a neighbour’s name alone cannot determine a suitable location.

Related tags

Business-LocationCustomer-AccessMarketIntroduction To EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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