The differences between local, national and international location decisions

1. Local location decisions are made based on factors such as proximity to customers, suppliers, and labor, while national and international location decisions consider factors such as market size, transportation infrastructure, and political stability.
2. Local location decisions are typically made by small businesses, while national and international location decisions are made by larger corporations.
3. National location decisions may involve choosing between multiple locations within a country, while international location decisions involve choosing between different countries.
4. International location decisions may require consideration of cultural differences and language barriers.
5. Local location decisions may be influenced by zoning laws and local regulations, while national and international location decisions may be influenced by trade agreements and tariffs.
6. National and international location decisions may involve more complex supply chain considerations, such as shipping and customs.
7. National and international location decisions may require more extensive market research and analysis.
8. National and international location decisions may involve more significant financial investments, such as building new facilities or acquiring existing businesses.
9. National and international location decisions may require more extensive legal and regulatory compliance.
10. National and international location decisions may involve more significant risks, such as political instability or currency fluctuations.