Get premium membership and access questions with answers, video lessons as well as revision papers.

What are the advantages of localization of firms?

      

List the advantages of localization of firms.

  

Answers


Maurice
(i) Development of infrastructure may be carried out in areas where localized firms are.

(ii) Joint management of waste can be carried out by all firms.

(iii) Establishment of social amenities such as hospitals and schools.

(iv) Firms may benefit from already established markets.

(v) It leads to development of auxiliary firms such as banks and insurance in the area.

(vi) A pool of skilled labour is created where the firms can get employees from.

(vii) Employment is created in such areas.
maurice.mutuku answered the question on July 17, 2017 at 07:17


Next: Identify five services that pre-school children receive from caregivers in an ECDE centre.
Previous: In what ways do Christians demonstrate true discipleship today?

View More Business Studies Questions and Answers | Return to Questions Index


Learn High School English on YouTube

Related Questions