What is fixed cost in AP Human Geography?

What is fixed cost in AP Human Geography?

Spatially Fixed Costs. An input cost in manufacturing that remains constant wherever production is located. Bulk Reducing Industry. An industry in which the final product weighs less or comprises a lower volume than the inputs. Bulk Gaining Industry.

What is an example of Deglomeration?

Deglomeration. Definition: Over saturation of an industry. Ex: When one business like a taco shop opens up and then more shops of the same type begin opening.

What does offshoring mean human geography?

Terms in this set (8) Offshoring. When TNC builds a factory in another country. Outsourcing. When TNC contracts another company in a foreign country to build all/part of its products.

What is the least cost theory AP Human Geography?

Weber’s Least Cost Theory attempts to describe and predict the location of manufacturing industries based on three factors: transportation costs, labor cost, and the benefit of agglomeration (clustering with similar, interdependent businesses).

What is outsourcing in AP Human Geography?

Outsourcing. A decision by a corporation to turn over much of the responsibility for production to independent suppliers. Fordist Production. Form of mass production in which each worker is assigned one specific task to perform repeatedly. Post-Fordist Production.

What causes Deglomeration?

Deglomeration occurs when companies and services leave because of the diseconomies of industries’ excessive concentration. Firms who can achieve economies by increasing their scale of industrial activities benefit from agglomeration.

What is difference between agglomeration and Deglomeration?

Agglomeration and deglomeration are two chemical processes that are opposite to each other. Agglomeration refers to the formation of large masses via the combination of small masses. Deglomeration is the opposite of this process, which is, the breakdown of a large mass into small masses.

What is offshoring vs outsourcing?

Outsourcing occurs when a company contracts a specific process out to a third party, finding someone who specializes in whatever needs to be done. Offshoring happens when businesses send in-house jobs overseas. Both may save a company money, but only offshoring specifically means sending jobs out of the country.

What is an example of the least cost theory?

A company that could be an example of the least cost theory is the google industry because they are located in a place with agglomeration,causing a lot of customers to emerge.

What is Weber’s least cost theory?

Least Cost Theory states that the location of a processing plant will in an area that ensures. the lowest cost of moving raw materials to the processing plant and moving the finished.