4.3.2 - Global markets and business expansion

Explain push factors such as saturated markets and competition.

Use a - push factors to connect the rule to the data and decision in the question.

This matters because a - push factors determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply a - push factors to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: a - Push factors is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

Explain pull factors such as increased sales, profitability, risk spreading and economies of scale.

Use b - pull factors to connect the rule to the data and decision in the question.

This matters because b - pull factors determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply b - pull factors to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: b - Pull factors is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

Analyse cost competitiveness from offshoring and outsourcing.

Use c - offshoring and outsourcing to connect the rule to the data and decision in the question.

This matters because c - offshoring and outsourcing determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply c - offshoring and outsourcing to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: c - Offshoring and outsourcing is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

Explain extending the product life cycle through international trade.

Use d - product life cycle extension to connect the rule to the data and decision in the question.

This matters because d - product life cycle extension determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply d - product life cycle extension to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: d - Product life cycle extension is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

Assess market attractiveness using disposable income, ease of doing business, infrastructure, political stability and exchange rates.

Use a - country as market factors to connect the rule to the data and decision in the question.

This matters because a - country as market factors determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply a - country as market factors to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: a - Country as market factors is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

Apply Porter five forces to assessing potential markets.

Use b - porter five forces for markets to connect the rule to the data and decision in the question.

This matters because b - porter five forces for markets determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply b - porter five forces for markets to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: b - Porter five forces for markets is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

Assess production locations using production costs, labour skills and availability, infrastructure, trade bloc location, incentives, ease of doing business, political stability, natural resources and likely return on investment.

Use a - country as production location to connect the rule to the data and decision in the question.

This matters because a - country as production location determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply a - country as production location to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: a - Country as production location is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

Explain risk spreading and economies of scale as reasons for global mergers, takeovers or joint ventures.

Use a - risk spreading and economies of scale to connect the rule to the data and decision in the question.

This matters because a - risk spreading and economies of scale determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply a - risk spreading and economies of scale to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: a - Risk spreading and economies of scale is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

Explain entering new markets or trade blocs as a reason for global expansion deals.

Use b - entering markets and blocs to connect the rule to the data and decision in the question.

This matters because b - entering markets and blocs determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply b - entering markets and blocs to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: b - Entering markets and blocs is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

Explain acquiring national or international brand names and patents.

Use c - brand names and patents to connect the rule to the data and decision in the question.

This matters because c - brand names and patents determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply c - brand names and patents to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: c - Brand names and patents is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

Explain securing resources and supplies.

Use d - securing resources to connect the rule to the data and decision in the question.

This matters because d - securing resources determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply d - securing resources to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: d - Securing resources is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

Explain maintaining or increasing global competitiveness.

Use e - global competitiveness to connect the rule to the data and decision in the question.

This matters because e - global competitiveness determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply e - global competitiveness to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: e - Global competitiveness is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

Explain reducing competition.

Use f - reducing competition to connect the rule to the data and decision in the question.

This matters because f - reducing competition determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply f - reducing competition to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: f - Reducing competition is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

Explain making use of local knowledge.

Use g - local knowledge to connect the rule to the data and decision in the question.

This matters because g - local knowledge determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply g - local knowledge to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: g - Local knowledge is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

Explain government or legal requirements.

Use h - legal requirements to connect the rule to the data and decision in the question.

This matters because h - legal requirements determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply h - legal requirements to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: h - Legal requirements is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

Explain accessing supply chains and distribution networks.

Use i - supply chains and distribution to connect the rule to the data and decision in the question.

This matters because i - supply chains and distribution determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply i - supply chains and distribution to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: i - Supply chains and distribution is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

Explain sharing costs and risks.

Use j - sharing costs and risks to connect the rule to the data and decision in the question.

This matters because j - sharing costs and risks determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply j - sharing costs and risks to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: j - Sharing costs and risks is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

Analyse the impact of exchange rate movements on businesses.

Use a - exchange rates and global expansion to connect the rule to the data and decision in the question.

This matters because a - exchange rates and global expansion determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply a - exchange rates and global expansion to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: a - Exchange rates and global expansion is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

Analyse skill shortages and their impact on international competitiveness.

Use b - skill shortages to connect the rule to the data and decision in the question.

This matters because b - skill shortages determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply b - skill shortages to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: b - Skill shortages is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.