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H/W outstanding. Economies of scaleAlex, Russell, and LaraScale and resource mixLara, AlexAstraZeneca (innovation)Lean Prodn Kaizen and JITAlexLocationAlysha
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1. Resources Starter questions
Location factors recap sheet
Thomson Reuters case study
Homework: Dell
2. H/W outstanding Economies of scale
Alex, Russell, and Lara
Scale and resource mix
Lara, Alex
AstraZeneca (innovation)
Lean Prodn Kaizen and JIT
Alex
Location
Alysha end of today
Alex lunchtime pickup for sheets
Russell- economies of scale sheet
3. Guess the factor of location You use me every day
You have used me to get to college
I am always available, but I can be very busy
businesses need my help to deliver products and customers
I am TRANSPORT
4. Guess the factor of location I am determined by supply and demand
The more customers in my area the more expensive I become
You can rent me if you want but you can also have me for yourself
I am COST OF LAND or PREMISES
5. Guess the factor of location I came along and changed everything
Now businesses and customers operate more and more through me
Who needs a location when you have me on your side
I am
INFORMATION TECHNOLOGY
6. Guess the factor of location I am a factor of production
I am a factor of location that has two parts.
I am concerned with money and expertise
I am a vital part of any company and it cannot function without me
I am LABOUR
7. Guess the factor of location I rule the land and may help you to locate
I can offer you money but only if you do what I say
I am a Government GRANT
8. Guess the factor of location I am a tax you pay to the local area
If you locate in certain areas you will have me to deal with
I can be quite expensive and the rate will vary
I am a BUSINESS RATE
9. Guess the factor of location I am a part of many businesses I am not the future of the business but the opposite Locating near your raw materials would help describe me I am HISTORY and TRADITION