All Terrain Thinking

A Compendium of things I think are Important

Economics: It's not just whats' in your wallet

In today's world the owners and managers of companies are increasingly asking themselves where do I locate my production? Some move to parts of the world where labor is cheap-a problem that Nike and Kathy Lee Gifford ran into in 1996. Other firms move into areas to be close to the market where they will sell their product. This is why APC has operations located in Brazil and Ireland to tap into the South American and European markets. What I would ask you to do is look at the following data and tell me where you would suggest that TZFR, a consumer products company, should set up operation if they are concerned with the size of the local market? To help you a consultant has supplied you with the following data.

The answer is

Add to Your Social Bookmarks: Del.icio.us Digg Furl Reddit Simpy Spurl Y! MyWeb - StumbleUpon