B.B.A-SEM-2-GSI-Location of industries
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this presentations help students to understand meaning of location of industries. factors that affecting industrial location and Alfred Weber's theory of location...
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The presentation on Industrial Policy of India, Fiscal Policy of India and Licensing Policy of India and can be used to learn and present as economics assignment
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The document discusses different types of industries and how they can be classified. It identifies four main categories of industry: primary, secondary, tertiary, and quaternary. Primary industries extract raw materials from the earth or sea. Secondary industries process and manufacture raw materials into products. Tertiary industries provide services. Quaternary industries focus on research and technology development. The document also discusses how employment levels in different industry categories vary between countries and over time.
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Level of Domestic and International Trade and Production (more specifically productivity) are closely interrelated (two-way dependency) and can't be analyzed separately
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This is simultaneously accompanied by increase in Volume of Trade, Production Capacity, Level of Employment, Labor Compensation and Purchasing Power
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The apple of discord among location theorists and stakeholders in the industrial sector has been where
best to site an industry. This led to the promulgation of theories and policies to provide a blueprint for the
establishment of industries. In spite of the significance of industrial location discourse, Gombe in North
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HERE OR THERE? AN APPRAISAL OF INDUSTRIAL LOCATION FACTORS IN GOMBE METROPOLI...
This document discusses factors that influenced industrial location decisions in Gombe, Nigeria between 1963-2013. It analyzes various industrial location theories and finds that proximity to market and infrastructure like roads, electricity, and water were major determinants. Government also played a key role by allocating land and providing incentives. Specific industries located in Gombe due to factors like being near raw materials (Gombe Oil Mill), infrastructure access (Landa Sack Factory), and government support (Niko Plastics). Overall, the document examines how theories applied in Gombe's industrial siting process and identifies proximity to market as the primary location factor.
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B.B.A-SEM-2-GSI-Location of industries
- 2. The ideal location is that which permits the lowest cost in production and distribution cost. An ideal location where all types of costs of business activities are the minimum.
- 3. Seasonal changesSeasonal changes Due to the seasonal change in regions Cycling changesCycling changes Depression Recovery Prosperity Recession Secular changesSecular changes Long term changes Structural changesStructural changes Due to development of new resources & technology
- 4. Factors relating to productionFactors relating to production Availability of raw materials Availability of labour supply Availability of power Transport facilities Financial facilities State control Labor laws and labor union Cost of land and building Suitable climate
- 5. Association with other IndustriesAssociation with other Industries Complementary Industries Competing Industries Rival firms in the same industries Factors relating to sellingFactors relating to selling Nearness to market Population Fashion Others factorsOthers factors Personal consideration Strategic factors Govt.
- 6. Alfred Weber, a German economist, presented a theory of location in 1909 In year 1929 his work translated into English Language a theory of industrial location in which an industry is located where it can minimize its costs, and therefore maximize its profits.
- 7. Sources of raw material Situation of market There is perfect market competition Availability of labours Interest rate, insurance cost and tax rate are ignored The political, cultural and economics system remains the same
- 8. the location the owner’s desire to minimize THREE categories of cost: Transportation:Transportation: the site chosen must entail the lowest possible cost of A) moving raw materials to the factory B) finished products to the market
- 11. Labour:Labour: higher labour costs reduce profits, so a factory might do better farther from raw materials and markets if cheap labor is available (e.g. China – today) Labour Cost Index Location weight
- 13. Agglomeration:Agglomeration: when a large number of enterprises cluster (agglomerate) in the same area (e.g. city), they can provide assistance to each other through shared talents, services, and facilities (e.g. manufacturing plants need office furniture)