In: Economics
1. What forces may influence a firm to build factory #5 on U.S. soil?
2.. List and discuss some of the GOVERNMENT REGULATIONS a firm must deal with if it builds and operates a factory on U.S. soil.
3.. What is “infrastructure”, exactly? Please give five examples. What role does infrastructure play in a firm’s decision to build factory #5 in one particular country?
1) several factor like: location, space requirements, material or raw materials handling, nature of manufacturing, heating ventilation and air conditioning , service facility, etc.
Political situation, economic capacity of firm, socio-cultural environment and their requirements.
2) manufacturing law:air pollution control and prevention Clean air act.
Mercury export ban act, occupation safety and health regulations act, 1978(osha) , us manufacturing enhancement act
Other act related environment safety and clearance like Pollution prevention act etc.
3.the basic physical and organizational structures and facilities,,whicg essential for the operation of a business or factory or society. Road, rail, health, building, power supply, water supply structure.
These availability of infrastructure reduce cost of operation of firm and Prov basic building blocks for establishment of business and these are important to do fair competition with other player . So this is important in decision making realted to business.