5.4 Location
- Syllabus
- First assessment 2024
- Topic
- 5.4
- Level
- HL
• Analyse reasons for a specific location of production
• Location factors include cost, labour, suppliers, infrastructure, market access, government policy, and environmental issues
• Evaluate outsourcing or subcontracting, offshoring, insourcing, and reshoring
• Reorganization affects cost, quality, control, flexibility, employment, and reputation