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
2
Q
Proximity to markets
A
One factor is the proximity of that country to its international markets.
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
4
Q
What are some factors contributing to a countries infrastructure
A
- broadband
- rail
- roads
- quality of hospitals
- airports
- maturity of industry