Proximity to the market
What Proximity to the market means in Business GCSE, as defined for AQA, Pearson Edexcel.
Definitions of Proximity to the market
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Reference: AQA
Being near customers, which reduces transport time and cost and is important for perishable goods or bulky items.
Being close to customers, which is vital for retail to ensure high footfall.
Topics that use Proximity to the market
- Business location (AQA GCSE)
- Business location (Pearson Edexcel GCSE)
Related terms
- Business objectives
- Competition
- Competitiveness
- E-commerce
- Enterprise Zone
- Fixed premises
- Infrastructure
- Agglomeration
Using Proximity to the market in the exam
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