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The relative desirability of a location depends on four (4) types oflocation factors. Explain three (3)...

The relative desirability of a location depends on four (4) types oflocation factors. Explain three (3) of the classification factors for
Industrial Location.

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Answer #1

Three classification factors for Industrial location are :

  • Accessibility determines how accessible location is and how well suppliers and OEM can navigate it
  • Connectivity determines how well it is connected to various modes of transportation and top end markets
  • Affordability determines the cost of real estate and thus overall cost of production arising out of it.

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