which of the following factor is not important in deciding the location of an industry?
Answer Details
The factor that is not important in deciding the location of an industry is the native language of the people. The language spoken by the people in a location does not have any direct impact on the location of an industry. While it may be beneficial for a company to have employees who can communicate effectively with each other, this is not a primary consideration when selecting a location for an industry.
On the other hand, availability of suitable labor, source of cheap power and raw materials, proximity to similar industries, and proximity to the market are important factors in deciding the location of an industry. These factors affect the cost of production, transportation, and distribution of goods and services, as well as the availability of resources necessary for the operation of the industry.
Overall, the location of an industry is a critical decision that can impact the success and profitability of the business. Companies must consider a range of factors when making this decision to ensure that they can operate efficiently and effectively in the chosen location.