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Business strategy
Does the Location of Industries matters ?
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[QUOTE="Richee84, post: 236733, member: 42448"] Location is key to the success of any industry, in starting up of a new industry it is very important to study and put into consideration the location of where to site the industry. For industry to survive and do well then it must be close or located near it resources. It is important for industry to be close to it source of raw materials so as not to hamper production, industry need constant supply of raw materials to keep it line of production going so therefore it is good for industry to be close to it source of raw materials to supply. Another very good factor why location is key to siting an industry in a location is the targeted customers. Customers are the main reason why an industry is been established, industry are mostly establish to serve and meet people demand. The kind of people that live in a geographical location will determine the kind of industry that will be located there in that environment. If an industry is located or sitted in a location and it final product is not in line or does not meet the need of the people in that area, the business will not last long or find it difficult to survive. [/QUOTE]
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