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Essay / Research Paper Abstract
This is a 12 page paper which examines the potential of estblishing a low cost tool manufacturing company in Canada.
The bibliography has 5 sources.
Page Count:
12 pages (~225 words per page)
File: D0_JHCana.rtf
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Unformatted sample text from the term paper:
external environment of the country which includes the political environment, the economic environment, the legal environment, the technological environment and the specifics relative to labor law and the availability of
necessary employees. Canada is an excellent choice for establishing a business or locating a branch of an already existing business. Lower energy costs, lower labor costs, and lower telecom
costs are only some of the advantages of doing business in Canada that will benefit any business bottom line. MACROECONOMIC ENVIRONMENT AND BUSINESS CONSIDERTIONS Canada would be a good choice
for the establishment of a low cost tool manufacturing company. There are many issues to be considered when making the final determination as to the location of a new
manufacturing plant or the site of a satellite plant for an already established company. In general, it can be said that operating a business in Canada is actually more
profitable than operating a business in the United States (Ward, 2006). Of particular note is that thanks to the North American Free Trade Agreement, the product that a company
in Canada manufactures will be able to be sold to the entire North American market (Ward, 2006). According to a recent detailed ten-month study of the costs of doing business
in the international market in eleven countries in Europe, North America and Asia-Pacific, Canadas costs of doing business by the lowest in the study (Ward, 2006). The study also
demonstrated that the comparison of the cost of doing business between the United States and Canada placed Canada at roughly nine percent lower (Ward, 2006). This percentage is based on
the cost of doing business after taxes and fluctuates somewhat depending on the industry studied (Ward, 2006). Primary reasons for this lower cost of doing business is that labor costs
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