Question: QUESTION FOUR [ 2 0 ] 4 . 1 Every business must have some location or establishment to operate from. The choice of where to

QUESTION FOUR [20]4.1 Every business must have some location or establishment to operate from. The choice of where to locate the premises is not an easy one and neither should it be taken lightly. With reference to the above statements discuss the factors that impact on location decisions including in your answer the importance of the location of an entrepreneurial venture. (10)4.2 Chicken Licken is considering expanding into international markets to grow its brand beyond South Africa. As a consultant, identify and explain two appropriate global market entry strategies the company could adopt, and discuss the risks and operational challenges associated with global expansion.

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