Corinne has analyzed the overall attractiveness of doing business with three possible countries and has determined that Country A is the best choice based on the potential for huge economic growth that should occur there because of recent advances in technology. Which factor of overall attractiveness is Corinne basing her decision on?

Question

Demarcus Baird

Business

5 March, 16:07

Corinne has analyzed the overall attractiveness of doing business with three possible countries and has determined that Country A is the best choice based on the potential for huge economic growth that should occur there because of recent advances in technology. Which factor of overall attractiveness is Corinne basing her decision on?

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Answers (1)

Know the Answer?

Zaria Melendez · Answer 1

The answer is: Infrastructures

Explanation:

Entering an international market by a business requires a decision. However, there are some factors (good and bad) that may be considered and analyzed before coming up with the decision. These factors are: size & growth of the market, economic growth & levels of disposable income, exchange rates, ease of doing business, infrastructure, domestic competition, etc. They may contribute to the overall attractiveness of doing a business.

Clearly, Corinne is after the "Infrastructure" in Country A because she based her decision on the recent advances in technology. Infrastructures refer to buildings, facilities and other things that allows a society to function well. This includes the advancement in technology as well.