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Essay / Research Paper Abstract
This 6 page paper considers the potential economic impact if an employers set up a new facility in a new area. The paper considers the costs and advantages to the local area in attracting the employer and the economic impact through the multiplier effect. The bibliography cites 2 sources.
Page Count:
6 pages (~225 words per page)
File: TS14_TEecanal.rtf
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Unformatted sample text from the term paper:
which has suffered as a result of manufacturing jobs moving abroad. The impact has been an increased level of unemployment, currently over 11% and as a result of the higher
unemployment there have also been other local issue, increased welfare payments and a decreased level of disposable income which also impacts on local businesses. We are using a generic central
area so that this may be adapted by the student to their own area. There is the opportunity for a new call centre or a major electrical or travel
form to move to the area, again, we are using a generic business as this may also be adapted, in this case we will call the company come and assume
this is a support call centre of the travel industry. The desire to attract the business into the area is based on both the need for jobs in the
locality and the impact that this will have in the economy as well as the fit that there is with the local resources. The local area has a good
infrastructure, a great deal of this was out in to place when there was a higher level of manufacturing in the area. The road and rail links are well established
and the telecommunications infrastructure is already strong with several local exchanges that have already changed from analogue to digital. Acme my also be attracted as in addition to
the existing IT infrastructure there are already a small level of call centres set up, these are smaller in nature, for the local banks, but do indicate the required local
resources. There is also high unemployment in the area. This means there is available labour to fill the positions. However, just having the required numbers of employees available des
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