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In economics, the economics of location is the study of strategies used by firms and retails in a monopolistically competitive environment in determining where to locate. . Unlike a product differentiation strategy, where firms make their products different in order to attract customers, an economics of location strategy is consistent with firms producing similar or identical produ
Location intelligence. In business intelligence, location intelligence (LI), or spatial intelligence, is the process of deriving meaningful insight from geospatial data relationships to solve a particular problem. [1] It involves layering multiple data sets spatially and/or chronologically, for easy reference on a map, and its applications span ...
Location theory. Location theory has become an integral part of economic geography, regional science, and spatial economics. Location theory addresses questions of what economic activities are located where and why. Location theory or microeconomic theory generally assumes that agents act in their own self-interest.
Corporate headquarters is the part of a corporate structure that deals with tasks such as strategic planning, corporate communications, taxes, law, books of record, marketing, finance, human resources, and information technology. [4][5] Corporate headquarters takes responsibility for the overall success of the corporation and ensures corporate ...
Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). [1][2][3][4] It is also "any activity or enterprise entered into for profit." [5]
Colocation is often used in the data sourcing industry to mean off-site data storage, usually in a data center. This is very important for businesses since the loss of data can be crucial for companies of any size, up to and including disciplinary action for employees or loss of their jobs. [3] An unexpected loss in data can result from fires ...
A geographic information system (GIS) consists of integrated computer hardware and software that store, manage, analyze, edit, output, and visualize geographic data. [1][2] Much of this often happens within a spatial database; however, this is not essential to meet the definition of a GIS. [1] In a broader sense, one may consider such a system ...
Business ethics (also known as corporate ethics) is a form of applied ethics or professional ethics, that examines ethical principles and moral or ethical problems that can arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations. [ 1 ]