Attractiveness of International Markets

Cards (4)

  • What are the key factors that influence the attractiveness of an international market?
    • GDP growth and income levels
    • Exchange rates stability
    • Infrastructure quality
    • Market's competitiveness - Porter's five forces
  • Why is GDP growth and income levels a factor of choosing an international market?
    • A higher income means more demand for goods and services
    • Strong GDP growth indicates rising consumer spending
  • Why is the stability of exchange rates a factor to choosing an international market?
    Fluctuating currencies may reduce profits or make pricing difficult
  • Why is infrastructure quality a factor to choosing an international market?
    Transport, logistics and digital networks are all crucial for supply chains which is especially important for a just-in-time lean production method