4.2 Global Markets and Business Expansion Flashcards
1
Q
Country as a Production Location
A
- costs of production
- skills/ education
- availability of workforce
- government incentives
- trading blocs
- infrastructure
- ease of doing business
- political stability
- natural resources
- return on investment
2
Q
Country as a Market
A
- political stability
- infrastructure
- ease of doing business
- disposable income
- exchange rates
3
Q
Push Factors
A
Unfavourable domestic market characteristics push to look overseas
4
Q
Pull Factors
A
Attractive features of an overseas market
5
Q
Outsourcing
A
Business function contracted out to third party business
6
Q
Off-shoring
A
Relocate part of business overseas
