4.2.2 Assessing a country as a market Quiz

Which is NOT a factor you would consider to assess a country as a market

• growth of disposable income

• growth domestic product (GDP)

• political stability

• exchange rates

Businesses have to assess a country as a market in order to ensure it is (a)   to do business in that foreign country.

What is disposable income?

(a)  

Why do business look at disposable income?

• Because they have a right to know your personal finances

• They will pay anything to see your personal information

• To see if the citizens of the country will be able to afford the products that they want to sell there

• To determine if you are a worthy customer that will help represent their brand of finer goods

What is household disposable income?

• The amount of money that a household earns, or gains, each year after taxes

• The amount the household needs to pay in taxes from their income each year

• The stuff that makes it rain y'all

• The amount of money that a household wastes. Paying things like rent, bills, local council etc.

What can a household spend their disposable income on?

• Taxes

• It has been disposed of and doesn't exist

• What the government instructs

• Whatever they want

An amount which is the least amount that a business is allowed to pay a worker in that country is known as what?

(a)  

What is this the definition of: It takes different factors like time, cost of setting up and running a business into consideration in order to see how efficient it is to start a business in that specific country. E___ __ D____ B_______

(a)  

What is infrastructure and what is it used for?

• is the communication structure in place like internet available in all areas of the country

• the tower built at legoland to derive more customers to their attraction

• the laws in place for a government to allow a new business to operate in their country

• the basic physical and organisational structures and facilities needed for the operation of a society or business

What factors from infrastructure is important to sales?

• road, rail and transport

• stock market

• exchange rates

• telecommunications