“In a world where borders are becoming less significant and technology connects us instantly, why do some companies choose to produce goods in specific locations, and how does this impact their success on a global scale?" by Tina Jain https://padlet.com/tinajain2/5rc4of4kmgmh7t6x Share your ideas! en-us 2024-01-18 05:09:19 UTC 2024-01-19 04:22:07 UTC hello@padlet.com https://padlet.net/icons/png/1f9e0.png Cheap Labour https://padlet.com/tinajain2/5rc4of4kmgmh7t6x/wish/2854258161 Mannuj Shroff

]]> 2024-01-19 04:21:07 UTC https://padlet.com/tinajain2/5rc4of4kmgmh7t6x/wish/2854258161 Lower cost of production https://padlet.com/tinajain2/5rc4of4kmgmh7t6x/wish/2854258163 Ananya

]]> 2024-01-19 04:21:07 UTC https://padlet.com/tinajain2/5rc4of4kmgmh7t6x/wish/2854258163 syona https://padlet.com/tinajain2/5rc4of4kmgmh7t6x/wish/2854258266 capitalism; money makes the world go round

]]> 2024-01-19 04:21:12 UTC https://padlet.com/tinajain2/5rc4of4kmgmh7t6x/wish/2854258266 Vihaan https://padlet.com/tinajain2/5rc4of4kmgmh7t6x/wish/2854258748 Companies prefer to operate businesses that require intensive labour in countries where labour prices are cheaper

]]> 2024-01-19 04:21:57 UTC https://padlet.com/tinajain2/5rc4of4kmgmh7t6x/wish/2854258748 https://padlet.com/tinajain2/5rc4of4kmgmh7t6x/wish/2854258810 more economies of sale

]]> 2024-01-19 04:22:02 UTC https://padlet.com/tinajain2/5rc4of4kmgmh7t6x/wish/2854258810 https://padlet.com/tinajain2/5rc4of4kmgmh7t6x/wish/2854258863 Businesses choose certain locations for production because of labour costs (unskilled labour), cheaper raw materials, lesser taxation on certain goods/ services. ]]> 2024-01-19 04:22:07 UTC https://padlet.com/tinajain2/5rc4of4kmgmh7t6x/wish/2854258863 https://padlet.com/tinajain2/5rc4of4kmgmh7t6x/wish/2854258885

  • cheaper labor

  • less stringent tax regulations/laws

    • ]]>     2024-01-19 04:22:10 UTC https://padlet.com/tinajain2/5rc4of4kmgmh7t6x/wish/2854258885     COGS is lower - Krish https://padlet.com/tinajain2/5rc4of4kmgmh7t6x/wish/2854258923 Companies choose to produce goods in certain places because the cost of labour and tariffs may be lower. There may also be skilled labour available which could benefit companies who create complex products.

    ]]>     2024-01-19 04:22:12 UTC https://padlet.com/tinajain2/5rc4of4kmgmh7t6x/wish/2854258923     Zeal https://padlet.com/tinajain2/5rc4of4kmgmh7t6x/wish/2854258971 Some companies may produce products in different countries due to cheaper costs and labour. For example, Bangladesh with Zara.

    ]]>     2024-01-19 04:22:14 UTC https://padlet.com/tinajain2/5rc4of4kmgmh7t6x/wish/2854258971     Production https://padlet.com/tinajain2/5rc4of4kmgmh7t6x/wish/2854259043 specific locations can have advantages on the production. More economies of scale and lesser unit cost

    ]]>     2024-01-19 04:22:21 UTC https://padlet.com/tinajain2/5rc4of4kmgmh7t6x/wish/2854259043     isha https://padlet.com/tinajain2/5rc4of4kmgmh7t6x/wish/2854259067 economies of scale, greater brand visibility, brand awareness and brand equity, cheaper labour cost, fewer protectionist policies

    ]]>     2024-01-19 04:22:23 UTC https://padlet.com/tinajain2/5rc4of4kmgmh7t6x/wish/2854259067     Om https://padlet.com/tinajain2/5rc4of4kmgmh7t6x/wish/2854259127 Cheaper to produce - they often produce in china or Bangladesh because the minimum wage is lower. To save money and retain the profits the companies make they choose to produce in these types of places.

    ]]>     2024-01-19 04:22:29 UTC https://padlet.com/tinajain2/5rc4of4kmgmh7t6x/wish/2854259127     anoushka https://padlet.com/tinajain2/5rc4of4kmgmh7t6x/wish/2854259129 cost efficient, space availability, skilled labour, lower costs, economies of scale

    ]]>     2024-01-19 04:22:29 UTC https://padlet.com/tinajain2/5rc4of4kmgmh7t6x/wish/2854259129     https://padlet.com/tinajain2/5rc4of4kmgmh7t6x/wish/2854259161 Due to reduced labour costs, fast fashion brands like Zara/h&m choose to manufacture their clothing in China/india/Bangladesh due to lower wages for workers

    ]]>     2024-01-19 04:22:32 UTC https://padlet.com/tinajain2/5rc4of4kmgmh7t6x/wish/2854259161     https://padlet.com/tinajain2/5rc4of4kmgmh7t6x/wish/2854259231 Due to lower costs of production and cheaper labour

    ]]>     2024-01-19 04:22:39 UTC https://padlet.com/tinajain2/5rc4of4kmgmh7t6x/wish/2854259231     https://padlet.com/tinajain2/5rc4of4kmgmh7t6x/wish/2854259382

  • Lower cost of production

  • Capitalism

  • Cheaper Labour


    • ]]>     2024-01-19 04:22:52 UTC https://padlet.com/tinajain2/5rc4of4kmgmh7t6x/wish/2854259382