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In Industries Where the Final Product Is Much Less Weighty

question 80

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In industries where the final product is much less weighty or bulky than the materials from which it is made, firms tend to locate production near resource supplies.


Definitions:

Venture Philanthropy

An approach to charitable giving that applies the principles of venture capital financing to philanthropic projects, focusing on accountability, performance measurement, and long-term engagement.

Earned-Income Activities

Activities performed by non-profit organizations or businesses that generate revenue through the sale of goods and services rather than through donations.

Social Entrepreneurs

Individuals who establish enterprises with the goal of solving social problems or effecting social change, using business principles for public good.

Economic Value

The worth of a good or service determined by the benefit it provides weighed against its cost.

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