answersLogoWhite

0


Best Answer

Yes indeed, a country risk analysis is an effective tool in determining the desirability of establishing a manufacturing site or other mode of entry.

It gives a good overview of the situation in a particular place. If the grade appears to be not so good, it is thus highly recommanded to go deeper into the assessment of the situation - at sectorial and local level.

I also recommend that you look at not only economic factor but also political, social and environmental factors.

The best country risk analysis displays a global assessment approach.

I advise you to look at a tool developped by EthiFinance : GlobalRiskRating

Global Risk Rating is an internet website that enables you to rate the countries according to sustainable development criteria : environmental risk, social risk, political risk…

It gives you access to our database which includes reliable information on the countries, as far as environment and social conditions are concerned. Thanks to its scoring, analysing and graphic features, you can create and customize your personal assessment, according to your own criteria.

This tool covers more than a hundred countries and several dozens of indicators classified in 3 categories :

* Governance and Human Rights, * Socioeconomic development and human capital, * Natural Resources and environment protection.

The whole data are issued from public and official sources (UN, UNDP, World Bank...).

Global Risk Rating is designed to answer companies' and investors' needs for risk assessment tools - more precisely for risk, purchasing, sustainable development and socially responsible investment departments. Click on "Website Demo" to get more information about G2R features.

User Avatar

Wiki User

15y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Is country risk analysis an effective tool in determining the desirability of establishing a manufacturing site or other mode of entry?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Economics

If a firm is completely vertically integrated is effective supply chain management still important?

Effective supply chain management is also important for vertically integrated companies. In such an organizational structure, various business functions are handled by different departments of the company that usually have different internal objectives, and these objectives are not necessarily aligned with each other. This may be due to lack of communication among departments or the incentives provided by the upper management. For instance, if the sales department is evaluated based on revenue only, and the manufacturing department is evaluated based on revenue only, and the manufacturing department is evaluated based on cost only, the company's profit may not be maximized globally. Effective supply chain management is still necessary to achieve globally optimal operations.


Why is economics so important to a business?

to determine whether they are making a profit or loss. by determining the pricce elasticity of demand they can make optimum choices on whether to increase or decrease the price. it also helps to use the available production resources in an effective and most limited way.


What is the most effective economic system?

the most effective system i think is mixed market


What happens when an effective value chain is created?

Profit Margins Are Increased when an effective value chain is created.


Discuss about proper administration and effective utilization of finance?

without proper administration and effective utilization of finace

Related questions

What are five criteria essential to establishing effective service standards?

What are five criteria essential to establishing effective service standards?


What disciplines are effective in establishing mind-body awareness?

two disciplines that have proven effective in establishing this awareness are meditation, a mind-centered activity, and Rolfing , a form of therapeutic bodywork.


What is method study?

Process of determining the most effective way of performing a particular job; while ensuring that the processing of job is accomplished within time and in a most cost-effective manner by analyzing,Logical layout of manufacturing facilities, Smooth movement of work-force & material, Followed by proper inspection. By: Prof.S.S.Khullar


Details for establishing an effective Hazardous Communications Program can be found in the?

29 CFR 1910.1200


What was the major barrier to establishing effective centralized government in japan?

the interference from christian missionaries


In determining the cost of bank financing which rate is the important factor?

effective rate


Is determining if 3000 heart pacemakers effective or defective a binomial probability?

idon't know


What are the four keys to Effective Writing?

The first is being able to identify your audience. The second key to effective writing is establishing a purpose. The third key is formulating your message. The final key to effective writing is selecting your style and tone.


Why is parallax not a good idea technique for determining distances of stars that are far away?

Distances are too far for it to be effective.


What is peculiarly effective about the expression 'crooked hands close to the sun ringed with the azure world wrinkled crawls and like a thunderbolt?

These are all effective in creating images in the poem and in establishing physical point of view.


Heel Tastic How Effective It Is?

Heel Tastic is tested frequently throughout the manufacturing process to ensure its efficacy and safety.


In determining the cost of bank financing which is the important factor?

Effective rate kot. Miruto cakap.