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What two factors would a steel making firm consider important in choosing a location?
Wiki User
∙ 14y ago
1. Availability of Resources like Raw Material,Labour,Power. Water etc.
2.Legal papers and its Cost must be within Company Budget.
3. Ease of land acquisition's and local community support.Local community often protect and such investment decision due to high investments are irreversible or result in Huge losses.Everyone is aware of recent TATA Nano shutdown of Singur Plant.These situation can arise in any firm.
Wiki User
∙ 14y ago
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