Concept information
Preferred term
locational advantages
Definition
- Locational or location-specific advantages refer to various business opportunities present in individual foreign markets so that companies are encouraged to invest in such markets. Companies invest in a particular foreign market as long as this market has something to offer to the company so that investment in this particular market can be profitable for the company. [Source: Encyclopedia of Business in Today's World; Locational Advantages]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/locational_advantages
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