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Examine Map 20.1,The Toltec and Aztec empires,950-1520 C.E. What was the relationship between these societies? How did they influence each other? Why were the Aztecs able to put together such a large empire?
Optimal Location
The most favourable geographical position for a business or facility based on factors like cost, accessibility, and market demand.
Firms Locate
The process by which businesses decide where to establish their operations, influenced by factors such as market access, costs, regulations, and infrastructure.
Capital
Capital in a business context represents the financial assets needed for operations, such as funds in bank accounts, inventory, buildings, and machinery.
Growth Strategy
A plan devised by a business to increase its size and market share through measures such as market penetration, product expansion, and acquisitions.
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