SS8+Technology+Jan+21

Technology is the application of knowledge and skills to make goods or to provide services.

media type="youtube" key="QrkgV5bl7kQ" width="560" height="315"

media type="youtube" key="PTw3cnKUyq4" width="560" height="315"

What affects should a business consider before selecting a business location?

a. Financing - money for buildings, materials, etc.

b. Labour - enough workers with the right skills

c. Raw Materials - enough quality materials at the right price to make goods

d. Sales - demand by different markets

e. Research & Development - resources to develop new or improved products or services