assesments of countries as market or production location Flashcards

1
Q

market attractiveness is

A

measure of a potential value of a particular market in a country

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2
Q

3 ways to measure market attractiveness

A

boston matrix
pestle
porters 5 forces

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3
Q

5 things that make a market attractive

A
  • changes in disposable income
  • ease of doing business
  • infrastructure
  • political stability
  • exchange rates are considered
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4
Q

inflation is

A

sustained increase in the general price level of goods and services in a country

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5
Q

production is

A

the total amount of output produced in a time period

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6
Q

2 costs of production

A

manufacturing wages

energy costs

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7
Q

5 things that make a country a good production location

A
  • cost of production
  • skills and availability of labour force
  • government incentives
  • natural resources
  • political stability
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