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Factors may be placed into three basic categories:
1. Natural Advantages
2. Acquired Advantages
3. Government Advantages
The factors can be listed as follows:
a) Cost-[Acquired]
b) Closeness to a source of raw materials-[Natural]
c) Closeness to a source of power-[Acquired and/or Natural]
d) Closeness to a market-[Acquired]
e) Closeness to an educated working force-[Acquired]
f) Closeness to a method of transport-[Acquired]
g) Government Intervention-[Government]
h) In a suitable climate-[Natural]
i) In a stable political atmosphere-[Government]
j) Health facilities-[Acquired]
What else can I help you with?
What is industrial location theory?
Industrial location theory studies the factors influencing the choice of location for industries, such as transportation, labor supply, and market proximity. It aims to understand why industries cluster in certain areas and the impact of location decisions on business performance and regional development. By analyzing these factors, industrial location theory helps businesses make informed decisions about where to locate their operations.
Industrial location analysis typically attempts to do what?
Industrial location analysis typically attempts to determine the optimal location for a new industrial facility based on factors such as proximity to resources, transportation infrastructure, labor availability, market demand, and cost considerations. By analyzing these factors, companies can make informed decisions about where to establish their operations to maximize efficiency and profitability.
What has the author George Michael McManmon written?
George Michael McManmon has written: 'The factors and process of industrial site selection' -- subject(s): Industrial location, Industrial sites
what factors most affected the location of factories at the beginning of the Industrial Revolution?
The need for river water to generate power
What factors are used to segment industrial markets?
Industrial markets are often divided on the basis of organizational variables, such as type of business, company size, geographic location, or technological base.
What four factors increased industrial power?
what factors increased industrial power
What has the author P J McDermott written?
P. J. McDermott has written: 'Industrial organisation and location' -- subject(s): Electronic industries, Industrial location, Industrial organization, Location
What has the author A C Lea written?
A. C. Lea has written: 'Location-allocation systems' -- subject(s): Bibliography, City planning, Industrial location, Industrial priorities, Location, Location of Industries, Planning
Factors determining office location office location?
factors determining office location
What has the author Henry L Hunker written?
Henry L. Hunker has written: 'Columbus, Ohio' -- subject(s): Geography, History 'Factors of industrial location in Ohio'
How much do organizational-industrial psychologist?
The median annual wage for industrial-organizational psychologists was $96,270 in May 2020, as per the Bureau of Labor Statistics. However, salaries can vary based on factors like education, experience, location, and industry.
How did New England's location help industrial growth in the industrial revolution?
Honestly I Do Not Care
