Advantages or Merits of Urban Location of Business

1. Easy availability of components
2. Easy marketing facilities
3. Presence of various service organization
4. Developed transportation and communication system
5. Availability of workers and employees
6. Easy access into power and energy
7. Presence of urban facilities
8. Security facilities
9. Obtaining government facilities
10. Training facilities

Factors to be considered in selecting Business Site or Location

1. Transportation and communication system
2. Nature of business
3. proximity to market
4. Standard of customers
5. Availability of workers
6. Availability of power & water
7. Supply of raw materials
8. Capital
9. Presence of homogeneous and associate business
10. Political consideration
11. Future prospects
12. Warehousing facility
13. Others

Measures of the Size of Business Unit

1. Capital invested
2. Number of working labor
3. Quantity of production
4. value of the products produced
5. Production capacity of the organization
6. Amount of energy consumed
7. Amount of raw materials consumed
8. Nature of the technology eployed

Factors Determining the size of Business

1. Nature of products
2. Ability and efficiency of entrepreneurs
3. Demand and market of products
4. Supply of capital
5. Supply of capital
6. Supply of raw materials
7. Availability of energy
8. Production process
9. Value of products
10. transportation system
11. Nature of business
12. Nature of location
13. Production and cost behavior

Indicators or Measures for Evaluating the Efficiency of Business Organization

1. Amount of profit
2. Ratio between capital and profit
3. size of production
4. Amount of sale
5. Ratio between sales and profit
6. Quality of the goods produced
7. Quality of customer service
8. Influence on market
9. Degree of expansion and development
10. Use of high technology
11. Labor management relation
12. Rate of employee turnover
13. Stability and continuity
14. Economy
15. Efficiency of management
16. Personal relation
17. Organization structure
18. Government control