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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