4.2.3 Assessment of country as A Production Location Flashcards

1
Q

Business what is the purpose of a production analysis

A

The purpose of this is to analysis is to reduce risk by identifying the countries that have the greatest opportunities

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2
Q

Proximity to markets

A

One factor is the proximity of that country to its international markets.

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3
Q

What are some things on a production check list

A
  • costs of production
  • skills and availability
  • Location in trading bloc
  • government incentives
  • ease of doing business
  • political stability
  • national resources
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4
Q

What are some factors contributing to a countries infrastructure

A
  • broadband
  • rail
  • roads
  • quality of hospitals
  • airports
  • maturity of industry
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