Term
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Definition
proximity to inputs
makers
transport choices |
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Term
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Definition
Labor
Land
Capital
geologic factors (sand, soil)
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Term
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Definition
Consumer
Business
Public
Changes in number of employees |
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Term
|
Definition
•Market Area of a Service
•Size of Market Area
–Range
–Threshold
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Term
|
Definition
–Agriculture
–Lumber
–Mining
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Term
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Definition
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Term
|
Definition
–Services
–Education
–Financial
–Sales
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Term
|
Definition
| closest to customer (beer, car, steel) |
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Term
|
Definition
| furthest from customer (raw goods) |
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Term
|
Definition
whast is the market area of a service ?
range: how far someone is willing to travel to product
threshold: minimum # of people to make business viable
hexagon shaped market
profitability of a location
optimal location within a market |
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Term
| Metropolitan Statistical Area |
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Definition
50% workin city
at least 25 people per sq mile |
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Term
|
Definition
by Burgess
Social Economic status |
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Term
|
Definition
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Term
|
Definition
Harris and Ulman
segregation |
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