4.2.3. Assessment Of A Country As A Market Flashcards
1
Q
Factors to consider
A
-Levels and growth of disposable income
-EODB
-Infrastructure
-Political stability
-Exchange rate
2
Q
Levels and growth of disposable income
A
-Low disposable income will be unattractive markets for countries wanting to sell expensive luxuries
-The more earnt=more spending
3
Q
EODB
A
Time taken how easy it is for a business to:
-Start the business
-Import items
-Set up everything
4
Q
Infrastructure
A
Speed at which goods can be transported has major impacts.
5
Q
Political stability
A
-Tax regulations
-Labour regulations
-Government bureaucracy
-Corruption
6
Q
Exchange rates
A
If investing directly into country, assets should be purchased when pound is relatively strong