Task: The below table shows socio-economic data of two fictitious countries . Fr
ID: 384198 • Letter: T
Question
Task: The below table shows socio-economic data of two fictitious countries. From the perspective of a business considering the possibility of undertaking business in these countries, consider what the data could mean and present three conclusions. Each conclusion should compare both countries using at least two variables.
Note: You can relate each conclusion to any type of international business (eg. you can present a conclusion from the perspective of a business choosing a new export market, a business seeking an import source, a business choosing a location for FDI, etc). Each conclusion should be at least about 150 words but not more than 200 words.
Country
Country A
Country B
1. Population
1,266.88 million
17.65 million
2. Area
3.29 million km²
756,102 km²
3. GDP
US$2.251 trillion
$234.9 billion
4. GDP Per capita (PPP)
US$ 6,700
US$ 24,000
5. Gini Coefficient
.35
.51
6. Population below poverty line
21.9%
14.4%
7. % of Urban Population
32.7%
89.5%
8. Main Exports
Vehicles, machinery, apparel, pharmaceutical products, petroleum products
Fruit, copper, fish products, chemicals, paper & pulp, wine.
9. Main Imports
Crude oil, iron & steel, plastics, fertilizer, machinery, chemicals
Petroleum, chemicals, electrical & telecom. equipment, machinery, vehicles.
10. Inflation
15.2%
4.1%
11. Internet Users (% of Population)
26%
64.3%
12. UN Human Development Index (HDI)
.624
.847
13. Adult literacy rate
14. Labour Force by Occupation
71.2%
47% agriculture, 22% industry, 31% services
97.5%
9.2% agriculture, 23.7% industry, 67.1% services
Country
Country A
Country B
1. Population
1,266.88 million
17.65 million
2. Area
3.29 million km²
756,102 km²
3. GDP
US$2.251 trillion
$234.9 billion
4. GDP Per capita (PPP)
US$ 6,700
US$ 24,000
5. Gini Coefficient
.35
.51
6. Population below poverty line
21.9%
14.4%
7. % of Urban Population
32.7%
89.5%
8. Main Exports
Vehicles, machinery, apparel, pharmaceutical products, petroleum products
Fruit, copper, fish products, chemicals, paper & pulp, wine.
9. Main Imports
Crude oil, iron & steel, plastics, fertilizer, machinery, chemicals
Petroleum, chemicals, electrical & telecom. equipment, machinery, vehicles.
10. Inflation
15.2%
4.1%
11. Internet Users (% of Population)
26%
64.3%
12. UN Human Development Index (HDI)
.624
.847
13. Adult literacy rate
14. Labour Force by Occupation
71.2%
47% agriculture, 22% industry, 31% services
97.5%
9.2% agriculture, 23.7% industry, 67.1% services
Explanation / Answer
1. Company Z is planning to outsource its manufacturing requirments to a developing country and has researched both Country A and Country B in this regard. Comapany Z is into telecom hardware and requires precision and quality in its manufacturing process and is also looking for educated and skilled workers who are based out of Urban/capital region, to keep its cost of production (direct and indirect costs) low. Company Z feels that Country B is much more suited to its needs due to the following reasons,
2. Company T is a venture caitalist firm and has recognised potential for FDI in two countries and researched on them. The countries being Country A and Country B. Company T would like to invest in paper and pulp companies and it has decided that it would go for Country B for the following reasons
The above two examples can be understood and you can refine them to your own interests and ideas and canuseit for generating the third idea to complete your answer.
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