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- 1. Multiple ChoiceIndustry in which production of goods and services is based in homes, as opposed to factories. Dominant industrial model before Industrial Revolution. Today, produce specialty goods, which are assembled individually or in small quantities.Agglomeration EconomiesCottage IndustryFootloose IndustryFordist
- 2. Multiple ChoiceManufacturing or other industry in which cost of transporting both raw materials and finished product is not important for determining location of the firm. Common footloose industries include catalog companies, which can locate anywhere as shipping in the US depends on weight not distance, as well as expensive and light items such as diamonds or computer chips.Agglomeration EconomiesCottage IndustryFootloose IndustryFordist
- 3. Multiple Choice- Alfred Weber (1868-1958) formulated a theory of industrial location in which an industry is located where it can. Minimize its costs, and therefore maximize its profits. Weber's least cost theory accounted for the location of a.Least-Cost TheoryDeglomerationCumulative CausationManquiladora
- 4. Multiple Choicea factory in Mexico run by a foreign company and exporting its products to the country of that company.Least-Cost TheoryDeglomerationCumulative CausationManquiladora
- 5. Multiple ChoiceAccording to Weber, the most important factor in locating a factory istransportation costagglomerationlabor
- 6. Multiple ChoiceSoda is abulk gaining industrybulk reducing industry
- 7. Multiple ChoicePotato chips are abulk reducing industrybulk gaining industry
- 8. Multiple Choice
Weber's Least Cost TheoryNash EquilibriumLosch's Zone of ProfitabilityHotelling's Locational Interdependence Theory - 9. Multiple ChoiceA location where transfer is possible between modes of transporationMaquiladorasBreak of Bulk PointsBreak of Industry PointsOutsource Points
- 10. Multiple ChoiceAirports, seaports and train stations are all examples of:MaquiladorasBreak of Bulk PointsBreak of Industry PointsOutsource Points
- 11. Multiple ChoiceAutomobiles, refrigerators, and bottling are all examples of:Cottage IndustryBreak of Bulk PointsBulk-gaining IndustriesBulk-reducing Industries
- 12. Multiple ChoiceAn industry where the final product weighs more or is larger than the inputsCottage IndustriesMechanical IndustriesBulk-gaining IndustriesBulk-reducing Industries
- 13. Multiple ChoiceAn industry where the final product weighs less or is smaller than the inputsCottage IndustriesMechanical IndustriesBulk-gaining IndustriesBulk-reducing Industries
- 14. Multiple ChoiceThe industries of copper, steel and ethanol are all examples of:Cottage IndustriesMechanical IndustriesBulk-gaining IndustriesBulk-reducing Industries
- 15. Multiple ChoiceLocation factors that deal with the cost of land, labor and capital are called:Site FactorsSituation FactorsEconomic FactorsDemographic Factors
- 16. Multiple ChoiceLocation factors that deal with the cost transporting products into and out of the factory.Site FactorsSituation FactorsEconomic FactorsDemographic Factors
- 17. Multiple ChoiceIf a factory is making a product that is increasing in bulk, then the optimal location for that factory will be:Near the InputsAn equal distance from the inputs and the marketNear the MarketNo optimal location for this product
- 18. Multiple ChoiceIf a factory is making a product that is decreasing in bulk, then the optimal location for that factory will be:Near the InputsAn equal distance from the inputs and the marketNear the MarketNo optimal location for this product
- 19. Multiple ChoiceSituation factors are used the minimize what costs?LaborTaxesTransporationLand
- 20. Multiple ChoiceWhich is not one of the 3 major site factors for industrial locations?CapitalLaborLandTransportation
- 21. Multiple ChoiceWhich of the following is the best example of a bulk reducing industry?Automobile assemblyCopper miningToy manufactoringSoft-drink bottling
- 22. Multiple Choice
A production strategy that eliminates having lots of inventory and allows for lean manufacturing is
using global supply chains
Fordism
Just-in-time delivery
multi-story factory strategy
- 23. Multiple Choice
Just-in-time delivery has made proximity to ____________ and more popular location factor because auto assembly and computers often use this manufacturing strategy.
footloose industries
break of bulk points
inputs
markets
- 24. Multiple Choice
The phenomenon of spatial clustering, or a concentration of firms in a relatively small area.
capital intensive
bulk-gaining
free trade
agglomeration
- 25. Multiple Choice
This sign for Dalton, Georgia illustrates a concept Weber referred to in his least cost theory:
proximity to markets as a situation factor
benefits of agglomeration
labor as a site factor
land as a site factor
- Answer choicesTagsAnswer choicesTags