Assessment of a Country as a Production Location

Which of the following is a key factor in assessing a country as a production location?

• Climate

• Labor costs

• Historical sites

• Language diversity

Match the following factors with their relevance in assessing a country as a production location:

• Market size

• Physical factor

• Labor costs

• Political factor

• Political stability

• Market factor

• Infrastructure

• Economic factor

A key consideration in assessing a country as a production location is (a)  

• Cultural heritage

• Tourist attractions

• Language diversity

• Labor costs

Which of the following is a factor to consider in business decisions?

• Costs of production

• Color of the office walls

• Brand of coffee in the break room

• Type of office furniture

Match the following factors with their descriptions:

• Political stability

• Quality of roads and communication systems

• Natural resources

• Consistency in government policies

• Infrastructure

• Availability of raw materials

The (a)   is important for determining the ease of doing business in global markets.

• location in trade bloc
• government incentives

• skills and availability of labour force
• likely return on investment

The image suggests considering Brazil as a production location. The average wage is (a)   a month.

• $200

• $288

• $350

• $400

What is the annual production goal for BMW's new plant in Brazil?

• 10,000

• 20,000

• 30,000

• 40,000

Match the following factors with their descriptions:

• The degree of consistency in government and policies.

• Political stability

• The expenses involved in manufacturing goods.

• Infrastructure

• The quality of physical and organizational structures needed for operation.

• Costs of production

Which of the following is a fixed cost in production?

• A) Raw materials

• B) Rent

• C) Labor

• D) Utilities