Wednesday, November 20, 2019
Country analysis by 17 criteria Coursework Example | Topics and Well Written Essays - 750 words
Country analysis by 17 criteria - Coursework Example The second criterion involves population growth. It can be scrutinized that population growth in Argentina in 2013 stood at 0.90% whereby the growth of Argentina population created a wider market for UNIQLO products. The third criteria entail the rate of unemployment in Argentina which stood at 7.50%. This means that higher unemployment rate subjected UNIQLO to incur higher cost of labour in the production of Apparel and footwear industry (Encyclopaedia, 2013). The forth demographic criteria entail income distribution which stood at a weight of 46.30% in 2013. This means that as the income distribution increases among Argentina population, more people could manage to buy more apparel and footwear products and hence leading to an increase in sales volume and profitability of UNIQLO Company (Arnold, 2011). The fifth criteria entail Argentina population demographics of people between the ages of 15 to 64 years. It can be observed that the Argentina population of people between the ages of 15-64 years increased to 36897.8 whereby, most people at this age are financially independent and could afford to buy UNQLO products. The sixth criteria involved urban population which stood at 38517. An increase in urban population caused the demand of apparel product by urban population to increase and consequently making the sale units made by UNQLO Company to rise (International Monetary Fund, 2013). The seventh criterion entails GDP (purchasing power parity); the Argentina population in 2013 was 977983, the higher the GDP means that the economy of Argentina was performing exceptionally well which in turn created a higher demand for Apparel and footwear products. Under the eighth criteria, the real growth rate in Argentina stood at 3%. This means the rate of growth of GDP from one year to another changed at the rate of 3%. The higher
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