Assessing Overseas Markets for Business Expansion
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Questions and Answers

What is one of the fundamental factors businesses consider when deciding which overseas markets to start selling in?

  • The cost of establishing locations in the country
  • The average disposable incomes of consumers in the nation (correct)
  • Proximity to their current locations
  • The political stability of the country

    • Why might businesses be attracted to markets where disposable incomes are increasing?

  • Because it indicates rapid economic decline in the country
  • Because it reduces the competition from other businesses
  • Because it allows for easier regulatory compliance
  • Because it means consumers have greater purchasing power (correct)

    • What do some managers consider when appraising whether a country is an attractive place to start selling?

  • The employment rate in the country
  • The country's primary language spoken by consumers
  • The rapid economic development and growth in the nation (correct)
  • The number of competitors already present in the market

    • What might businesses focus on when considering which new markets to expand in?

    <p>The potential for increasing average disposable incomes of consumers</p> Signup and view all the answers

    In which nations are businesses attracted to consumers experiencing a surge in their average disposable income?

    <p>Nations going through periods of rapid economic development and growth</p> Signup and view all the answers

    What do businesses primarily consider when deciding which overseas markets to start selling in?

    <p>Average disposable incomes of consumers in the nation</p> Signup and view all the answers

    Why might businesses be attracted to markets where disposable incomes are increasing?

    <p>Because it indicates greater purchasing power for consumers</p> Signup and view all the answers

    What factor is particularly attractive to businesses regarding nations experiencing rapid economic development and growth?

    <p>Rising average disposable income of consumers</p> Signup and view all the answers

    In addition to high disposable incomes, what might businesses look for in potential overseas markets?

    <p>Increasing demand for their products or services</p> Signup and view all the answers

    What is one of the fundamental factors that managers have to consider when deciding whether a country is an attractive place to start selling?

    <p>The average disposable incomes of consumers in that nation</p> Signup and view all the answers

    What is one of the key factors businesses consider when deciding which overseas markets to start selling in?

    <p>Average disposable incomes of consumers in the nation</p> Signup and view all the answers

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