HI,
The Directory and Files specifications apply specifically to the file system. Typically, access to only a few directory trees is permitted. Access to certain files such as .htaccess is usually forbidden, For some sites, the Directory and File specifications are sufficient, and no Location specifications are required. These specifications are generally used to control which directories can be accessed.
The <Location> functionality is especially useful when combined with the SetHandler directive. For example, to enable status requests but allow them only from browsers at example.com, you might use:
<Location "/status">
SetHandler server-status
Require host example.com
</Location>
Note about / (slash)
The slash character has special meaning depending on where in a URL it appears. People may be used to its behavior in the filesystem where multiple adjacent slashes are frequently collapsed to a single slash (i.e., /home///foo is the same as /home/foo). In URL-space this is not necessarily true if directive MergeSlashes has been set to "OFF". The <LocationMatch> directive and the regex version of <Location> require you to explicitly specify multiple slashes if the slashes are not being merged.
For example, <LocationMatch "^/abc"> would match the request URL /abc but not the request URL //abc. The (non-regex) <Location> directive behaves similarly when used for proxy requests. But when (non-regex) <Location> is used for non-proxy requests it will implicitly match multiple slashes with a single slash. For example, if you specify <Location "/abc/def"> and the request is to /abc//def then it will match.
I hope this help.