no factor will influence the location of an industry/
Market commonality, resource similarities, reputation, and incentives are four factors that influence an industry's competitive rivalry and competitive dynamics. They can have a positive or negative effect.
what are the factors that influence supply
There are multiple factors that will influence your choice of location and housing. The main factors are where you were raised, your financial status, and the type of housing plan you prefer.
1. Availability of Power : Nearness to source of power or availability of power supply in an area will reduce the cost of production.In other words, this will fetch a higher income for a company as the money would be saved for the production of other goods or payment of employee salary. 2. Availability of Labor : Efficiency of labor is an important factor affecting location of industry. A higher labor force will improve production process for goods with elastic effect will create revenue.In other hand, diminishing return will be applied if more or more labor for industry. 3. Local government policies : Government policies might influence the location of industry. A favorable government policy will improve the location of industry as funds and other forms of incentives will be given to industry for the purchase of raw materials. This will help in the development of technology that will improve production of goods . 4. availability of infrastructure : Infrastructural facilities like water, good and available transport system are provide for the location of industry. 5.Availability of raw materials,capital,transport and market 6.Incentives (e.g, importation of machinery from Europe )
How did the factors of production help european governments to establish industry?
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Factors affecting the location of a cotton textile industry include proximity to raw materials (cotton), access to transportation networks for shipping finished products, availability of skilled labor, energy supply for production processes, proximity to markets for distribution, and government policies or incentives.
Market commonality, resource similarities, reputation, and incentives are four factors that influence an industry's competitive rivalry and competitive dynamics. They can have a positive or negative effect.
There are more than two factors that influence both agriculture and industry in the Western region. The two main factors are Food Security and food.
identitfy and discuss factors that influence the location of your business?
The factors that influence the of house bulit in a region (!)the location and climate of a place (2)the construction materials available locally (3)the economic condition of the people
Location, Climate, Raw Materials, Labor, Market and Transportation
Location and the Pacific ocean and mountain
Following link will help:http://entrepreneurs.about.com/od/gettingstarted/a/chooselocation.htm
The factors that influence the location of industries are: 1. Availability of Water 2. Availability of Power : Nearness to source of power or availability of power supply in an area will reduce the cost of production.In other words, this will fetch a higher income for a company as the money would be saved for the production of other goods or payment of employee salary. 3. Availability of Labor : Efficiency of labor is an important factor affecting location of industry. A higher labor force will improve production process for goods with elastic effect will create revenue.In other hand, diminishing return will be applied if more or more labor for industry. 4. Local government policies : Government policies might influence the location of industry. A favorable government policy will improve the location of industry as funds and other forms of incentives will be given to industry for the purchase of raw materials. This will help in the development of technology that will improve production of goods . 5. availability of infrastructure : Infrastructural facilities like water, good and available transport system are provide for the location of industry. 6.availability of raw materials,capital,transport and market 7.incentives (e.g, importation of machinery from Europe )
Some of the industry factors that influence RIM are legitimacy of firm and technology, implications of technology standards, network effects and complementary goods, partners and social capital as resources.
Availability of raw materials - resources , sufficient power supply , large labor supply , money for investment in industries , efficient transportation system, closeness to markets, cities, towns, and incentives to attract industry are factors that affect industry location