In this argument corporations are urged to consider the city of Helios when
seeking a new location or new business opportunities. To support this recommendation,
the author points out that Helios is the industrial center of the region, providing most of
the region's manufacturing jobs and enjoying a lower-than-average unemployment rate.
Moreover, it is argued, efforts are currently underway to expand the economic base o'
the city by attracting companies that focus on research and development of innovative
technologies. This argument is problematic for two reasons.
To begin with, it is questionable whether the available labor pool in Helios could
support all types of corporations. Given that Helios has attracted mainly industrial and
manufacturing companies in the past, it is unlikely that the local pool of prospective
employees would be suitable for corporations of other types. For example, the needs of
research and development companies would not be met by a labor force trained in
manufacturing skills. For this reason, it's unlikely that Helios will be successful in its
attempt to attract companies that focus or research and development of innovative
technologies.
Another problem with the available work force is its size. Due to the lower than
average unemployment rate in Helios, corporations that require large numbers of
workers would not find Helios attractive. The fact that few persons are out of work
suggests that new corporations will have to either attract new workers to Helios or Day
the existing workers higher wages in order to lure them away from their current jobs.
Neither of these alternatives seems enticing to companies seeking to relocate.
In conclusion, the author has not succeeded in providing compelling reasons for
selecting Helios as the site for a company wishing to relocate. In fact, the reasons
offered function better as reasons for not relocating to Helios. Nor has the author
provided compelling reasons for companies seeking new business opportunities to
choose Helios.