3.2 Economic factors in business expansion Flashcards
1
Q
State and explain factors that push businesses out of domestic markets
A
- Market saturation
- High levels of competition
2
Q
State and explain factors that pull business towards international markets
A
- Emerging economies
- Economies of scale
- Risk bearing
3
Q
How does business expansion impact capacity utilisation
A
4
Q
How does business expansion help extend product life cycles?
A
By selling in multiple markets
5
Q
How do levels and growth of disposable income affect business expansion?
A
6
Q
How does the ease of business in an area affect business expansion?
A
7
Q
How does the quality of public infrastructure affect business expansion?
A
8
Q
What is the
A
