firm location

firm location

see INDUSTRIAL LOCATION.

firm location

the area where a firm chooses to locate its business. In principle, a profit-maximizing firm will locate where its production and distribution costs are minimized relative to revenues earned. Often firms are faced with competing pulls of nearness to their market (to reduce product distribution costs) and nearness to their raw material supplies (to reduce materials transport costs), and must seek to balance these costs. Some firms have little choice in this regard, service companies being forced to locate near customers, and mineral extraction companies having to locate near materials’ sources. Many firms are relatively footloose, though, and are free to locate anywhere, influenced by the general attractiveness of an area, the quality of its transport, communications and education infrastructure, and the skills and reputation of its workforce, etc. See INDUSTRIAL LOCATION, LOCATION OF INDUSTRY, REGIONAL POLICY.
References in periodicals archive ?
No firm location for where the bus station would move to after any development has been confirmed by the council.
The present paper tries to investigate the economic determinants of firm location choice in the metropolitan/large cities in India by considering firm those are using FDI (i.
These services include the following: firm location and overview, qualifications, planned staff on the project, availability, time frame to complete the study, fee schedule/billable rates by title, and a detailed cost proposal for the study.
com)-- d'Oliveira & Associates, a Rhode Island and Massachusetts based personal injury law firm, today announced they have relocated their North Kingstown, RI personal injury law firm location to South Kingstown, RI.
Firm location was measured by dummy variables according to the standard of the Development Research Center of the State Council (DRC).
offices, as well as the newly established firm location in the Philadelphia area.
To best tax this burgeoning economy, the czarist state gathered data on all partnerships and joint-stock companies, including data on industry sector, team size and membership, firm location and how much capital it had raised.
By management firm location, slightly more funds were launched in the US than Europe, while liquidations were higher in Europe, with both representing reversals from the prior year.
Hoffmann and Markusen show how firm location depends on both relative country sizes due to scale economies and relative endowments.
She not only managed to keep the woman calm while water was pouring into her car, but she also managed to get a firm location on where the woman was so emergency services could find her.
No planning application has yet been submitted to Lichfield District Council or a firm location identified.