4.2.3 assessment of a country as a production location

Cards (1)

  • factors assessing location
    • cheaper labour costs
    • cheaper operating costs/overheads
    • infrastructure - communication links, transport
    • political stability/external shocks - war/conflict
    • war, economic confidence, corruption = could halt production
    • availability of workforce/skilled workers
    • proximity to raw materials
    • government incentives - tax rates, subsidies
    • ease of doing business - legislation and regulations
    • moving closer to new market/trade bloc
    • return on investment - will movement create savings/retaining profits or not?