Location-Specific Advantages

0.01 sec.

Location-specific advantages

Advantages (natural and created) that are available only or primarily in a particular place.

Location-Specific Advantage

The ability of an individual, company, or economy to conduct an activity better than another for reasons related to location. Location-specific advantages are important in making decisions such as the products one should make or sell; if a company is unable to make a product as well as another because resources are unavailable or difficult to acquire in a certain location, the company might be well advised to make a different product. For example, a lumber company in Oregon has a location-specific advantage to a lumber company in Arizona because there are simply more trees in Oregon. This makes it unlikely that the company in Arizona will be able to fill orders as well or as quickly as the company in Oregon. For this reason, the Arizona company's management might consider investing in mining instead of lumberjacking.

Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.

?Page tools

Printer friendly
Cite / link

Feedback
Add definition

Mentioned in	?		References in periodicals archive	?		Financial browser	?		Full browser	?
Acquired Advantage Eclectic Paradigm Location-Specific Advantage			Three specific factors: First, Switzerland has tremendous location-specific advantages. "Old school": back in the limelight by Swiss News In addition, we showcased the location-specific advantages Dubai offers to international filmmakers. Dubai Studio City eyes Italy cinema ties by TradeArabia (Manama, Bahrain) Countries compete for FDI, and regional economic integration may provide them with additional location-specific advantages that serve to attract it (Ethier 1998). Regional economic integration and foreign direct investment: the case ... by Feils, Dorothee J.; Rahman, Manzur / Management International Review			loan-to-value ratio Loanback loaned flat lobby Lobster Lobster Trap LOC Locacao com opcao de compa Local Local Authority Bill Local Authority Stock Local Expectations Hypothesis Local Expectations Theory Local Hire local improvement district Local Listing Local Rate Local Tax Local Taxes locally unwanted land uses Location Location Card location intelligence Location, Location, Location Location-Specific Advantage Location-Specific Advantages Locational Arbitrage locational obsolescence Locazione di capitale Locazione finanziaria Lock Lock Commitment Letter Lock In Lock Limit Lock Period Lock, Stock, and Barrel Lock-In Amendment lock-in clause lock-in period Lock-Jumper Lock-Out Lock-Up CD Lock-Up CDs Lock-Up Period lockbox Lockdown Locked In Locked Limit Down Locked Limit Up Locked Market locked-in interest rate			location, practice Location, Trend, Gradient Location, Understanding, Connections and Knowledge Location-Aided Routing Location-Aware Wireless Network Services location-based advertising Location-Based Applications Location-Based Business Intelligence Location-Based Community Service Location-Based Experience Location-Based Key Location-Based Management System Location-based media Location-Based Multicast Location-Based Neighborhood Authentication Location-Based Services location-based social networking Location-Dependent Address Location-Dependent Cache Replacement Location-Guided K-Ary Algorithm Location-Guided Steiner Tree Location-Guided Tree Location-Independent File Name Location-Specific Advantage Location-Specific Advantages Location-Specific Individual Risk Location-to-URL Location/Relocation Working Group locational locational locational locational locational Locational arbitrage Locational Based Marginal Pricing Locational Data Improvement Project Locational Forward Reserve Market Locational Marginal Prices Locational Marginal Pricing locational obsolescence Locational Running Annual Average LocationFree Player LocationOne Information System locations locations locations locations locations locative locative locative Locative case Locative case locative role locatives

Financial Dictionary

Free Tools:	For surfers: Free toolbar & extensions \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup

Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.