Location,Competition and Economic Development

Location,Competition and Economic Development

there is a question about company location and and its economic development impact, I need a only 1 page single spaced essay about that question. QUESTION; It is widely recognized that changes in technology and competition have diminished many of the traditional roles of location. Resources, capital, technology, and other inputs can be efficiently sourced in global markets. Firms can access immobile inputs via corporate networks. It is no longer necessary to locate near large markets to serve them. Governments are widely seen as losing their influence over competition to global forces. It is easy to conclude, then, that location is diminishing in importance. Do you agree or disagree with the statement that location is diminishing in importance in the global economy? Support your conclusions.
N.B. Support your arguments and conclusions. Explain your answers thoroughly. Reference any appropriate readings in your answer.

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