Question

In: Economics

Assume you are a Junior Consultant passing recommendations to the Managing Consultant via written paper about...

Assume you are a Junior Consultant passing recommendations to the Managing Consultant via written paper about a demographic, GDP (e.g. phases), debt, and educational achievement, of the different countries to determine the optimal country to build a new Tesla Gigafactory.

For this one is to compare a total of three countries Canada, Hong Kong, Kuwait.

In this paper, you need to provide the following

- introduction

-Discussion which includes: Logic of argument, Strength of Supporting Facts (researching), Decision Made

-Conclusion.

Solutions

Expert Solution

Introduction : Here as a Junior Consultant it's our duty to reach out the perfect and real data to be collected so for setup of new gigafactory by Tesla it requires some data related to these factors ;

Demographic ,GDP ,Debt , Educational Achievement .

1).Demographic ( Population )

Canada : 37,83,73,40

Hong Kong :74,96,981

Kuwait : 42,88,398

2). GDP ;

Canada : 1590 USD

Hong Kong : 275 USD

Kuwait : 131 USD

3). Debt

Canada : $ 343.2 billion

Hong Kong : $1676.5 billion

Kuwait : $ 46 billion

Logic of Argument is that Tesla company is looking to establish its Gigafactory in one of these 3 countries .

Through data we can suggest Tesla ,the best country to set up its Giga factory in .

Looking at population level and GDP growth rate makes one easily identify that which country is performing good from previous year to current year .

Conclusion : Through a thorough research ,here we can see Canada suits best for Tesla to set up it's Gigafactory .

Canada has a Good GDP level with population where it would be easy for one to earn good profits in short run .


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