The three human factors are
1-Availability of cheap labours
2- Availability of Markets and Traders
3-Empty areas in terms of population.
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
What factors affect region location decision?
The location of natural Resources and energy will affect the various types of economic activities that come with access to said resources.
Factors that affect telecommunication include geographical location, weather conditions, infrastructure quality, technological advancements, government regulations, and levels of competition in the industry. These factors can impact the quality, speed, and reliability of telecommunication services.
Location can affect development by influencing access to resources, infrastructure, and opportunities. Proximity to markets, transportation networks, and skilled labor can support economic growth. Additionally, location can impact exposure to natural disasters, climate change, and other environmental factors that can affect social and economic development.
Various factors can affect the globalization of a business. For example, cultural factors may affect how viable a product is in a certain location.
Refer to PESTLE analysis
The external environmental factors that affect the financial services industry include organizational direction, internal factors, and external competition. The socio-economics of a society also affects the financial services industry.
site and situation
site and situation
Factors that affect warehouse location include proximity to customers and suppliers, accessibility to transportation networks, availability of skilled labor, cost of real estate and taxes, as well as proximity to major highways and ports. Additionally, zoning regulations, local infrastructure, and potential risks such as natural disasters or political instability should also be considered when selecting a warehouse location.
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