Business
Business, 15.07.2020 01:01, PersonPerson13260

Managers in international businesses will need to evaluate the attractiveness of a country as a market or location for a facility or investment. Knowing how to think about events and situations will help the manager make that evaluation. Managers can use economic and socioeconomic indicators to evaluate potential locations to conduct business

Mathc the Economic indicator to the relevant dimensions.

a. Income distribution
b. Unit labor costs
c. Private consumption
d. Age distribution
e. Gross national income (GNI)
f. Economic growth rate
g. Total population

1. Absolute size of an economy
2. Speed of economic growth
3. How a nation's income is apportioned
4. Purchase of essential vs, nonessential goods
5. Cost of production
6. Potential market size
7. Potential market segments

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