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Developed Countries Business Strategies

Developed Countries Business Strategies

          
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About the Book

Chapter TwoLiving standard, productivity and competitiveness to internationalcomparison factorWhy does living standard, productivity and competitiveness to international comparison factor influence Canadians' behavioral consumption change model? What is productivity mean? Productivity measures the efficiency with which production inputs, such as labor and capital are being used in an economy to produce a given level of output. The key determinants of productivity include" the education, training and experience, the workers and the the amount and types of equipment available to them, as well as technological innovation and changes in both organizational and management practices. In this view point, these determinants are influenced by broader factors, such as competition openness market. The term " competitiveness" means as a measure of a country's advantages or disadvantages in selling its products or services in international market. Hence, Canadian's consumption behaviors will be influenced by how it's products are produced as well as its competitiveness with internationals, which are interconnected that contribute to strong Canada's economic growth and rising living standards. For example, in the year, if Canada's productivity effort is raised and export or import number is more than last year, its domestic Canadian who are living to cause who have more jobs to do. Then, they have more effort to consume, due to their living standards are risen in this year, who need to consume anything to satisfy whose better living of standard demand. Another example, I assume that the more efficiently Canadian businesses use resources to produce products and service in this year. That is the more productive, they are the greater their advantage in selling those products and services in international markets, that is the most competition, they will be. Then, Canadian will have more different kinds of products to choose to buy from local manufacturers' products supply. The more product choices influence will bring many Canadian choose to buy local products more than overseas foreign import products. The reasons are possible what local products are cheaper than foreign import products, local products have much different kinds of unique choice, more than foreign similar kinds of products. It will have more local different kinds of product choices will influence.The trend of buying desires to Canadian's consumption is to be changed foreign manufacturing product import who will trend to choose to buy Canadian's domestic manufacturing products in the year. Hence, Canadian's manufacturing more different kind of unique product choice will influence Canadian who desire to buy foreign manufacturing import products to change to desire to buy Canada domestic manufacturing products, due to they can provide more different kinds of products choice to sell to them in this year. Past, they can not buy many of any these Canadian domestic manufacturing products traditionally. Consequently, in the year, raising productivity and raising living standard and raising competitive effort factor will influence Canadians change their behavioral consumption model in this year. When these high technological products can be manufactured more number and sell more in Canada after future ten years. then, these high technological products can sell cheaper price, due to Canada's artificial intelligent manufacturing skill has reach the mature stage. Hence, Canada artificial intelligent scientists can innovate high qualify and low cost material to manufacturing kind of artificial intelligent robots in order to sell more number and reasonable cheap price for this kind of (AI) research and development high technological products after future ten years research and development process.


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Product Details
  • ISBN-13: 9781652562306
  • Publisher: Independently Published
  • Publisher Imprint: Independently Published
  • Height: 254 mm
  • No of Pages: 70
  • Series Title: Social Science
  • Weight: 213 gr
  • ISBN-10: 1652562303
  • Publisher Date: 29 Dec 2019
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Spine Width: 5 mm
  • Width: 203 mm


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