Podcast
Questions and Answers
What is one of the fundamental factors businesses consider when deciding which overseas markets to start selling in?
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?
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?
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?
What might businesses focus on when considering which new markets to expand in?
In which nations are businesses attracted to consumers experiencing a surge in their average disposable income?
In which nations are businesses attracted to consumers experiencing a surge in their average disposable income?
What do businesses primarily consider when deciding which overseas markets to start selling in?
What do businesses primarily consider when deciding which overseas markets to start selling in?
Why might businesses be attracted to markets where disposable incomes are increasing?
Why might businesses be attracted to markets where disposable incomes are increasing?
What factor is particularly attractive to businesses regarding nations experiencing rapid economic development and growth?
What factor is particularly attractive to businesses regarding nations experiencing rapid economic development and growth?
In addition to high disposable incomes, what might businesses look for in potential overseas markets?
In addition to high disposable incomes, what might businesses look for in potential overseas markets?
What is one of the fundamental factors that managers have to consider when deciding whether a country is an attractive place to start selling?
What is one of the fundamental factors that managers have to consider when deciding whether a country is an attractive place to start selling?
What is one of the key factors businesses consider when deciding which overseas markets to start selling in?
What is one of the key factors businesses consider when deciding which overseas markets to start selling in?
