According to various lectures and videos on Prosperity and Success, what key factor is cited for...

According to various lectures and videos on Prosperity and Success, what key factor is cited for Mexico's economy underperforming relative to the US economy?

Expert Solution

Answer:
Key factor's of Maxico's economy which is underperforming relative to the US economy are as follows:

Technology Industry : US is No. 1 in technology industry, most of the Giant tech companies are US based like Google, Microsoft, Amazon, Tesla etc. Maxico don't have many tech giants unlike US. Margin in tech companies are very good which help in developing the economy at very high pace.
Services Industry : Service Industry of US is also very huge compare to Maxico, one reason being as most of the tech giants are from US it has leant a biased of service industry towards US.
Defence Industry : US is one of the biggest defence exporter in the world. It has cutting edge technology to develop arms and ammunations which are generation ahead of others. In this context as well Maxico is lagging behind.
Finance and Insurance Industry : US has a huge finance and Isurance industry. NYSE and wall street are called financial hub of the world in this category as well Maxico is lagging behind.

(plz give me a thums up...if my answer helped you and if any suggestion plz comment, Yr thums up boost me)

Rahul Sunny answered 1 year ago

Which are in your opinion the key success factor in the Supply Chain model of INDITEX?...

Which are in your opinion the key success factor in the Supply Chain model of INDITEX? ▪ Flow chart Supply Chain of Inditex ▪ Plant locations of Inditex ▪ Logistics Model ▪ Purchase & suppliers strategy ▪ Store Management (identify different brands and highlight KSF on retail distribution) ▪ Quality control system, how does it works at INDITEX ▪ Identify Management production system at INDITEX

Maintaining a clean shopping environment is a key success factor for Turner?, a large grocery chain...

Maintaining a clean shopping environment is a key success factor for Turner?, a large grocery chain based in Minnesota. Three of the most costly resources needed to clean a supermarket are? labor, equipment, and cleaning supplies. The cost driver for all these resources is? "number of times? cleaned." Wages for cleaning laborers? (called porters) and rent for cleaning equipment are the same regardless of the number of times the supermarket is cleaned. Supplies used for each regular daily cleaning and...

• What are the Key Ingredients in Taiwan’s Development Success? •What are the Key Ingredients in...

• What are the Key Ingredients in Taiwan’s Development Success? •What are the Key Ingredients in South Korea’s Successful Entry into World Markets? •What lessons learned from their experiences should other developing countries seek to apply in today’s global economic environment?

What is the key to product success form or function?

What are KEY SUCCESS FACTORS of Sony Global

What are the key make or buy success factors?

CP Foods group is one of success company, what of key success factors in terms of...

CP Foods group is one of success company, what of key success factors in terms of marketing particularly supply Chain and Value delivery network

What key factors may determine the success of Airbnb?

According to the movie, Walmart: The High Cost of Low Price, and the other videos, what...

According to the movie, Walmart: The High Cost of Low Price, and the other videos, what specifically does Walmart do to keep its prices low? What do you think of these tactics? Does this change your opinion of whether you will shop at Walmart in the future? What does Costco due to keep its prices low? Why is it different from Walmart? Do you think other companies pursue strategies like Walmart does or like Costco does? What can be done...

What factor led to the success of AirAsia as it grew and expanded from Malaysia to...

What factor led to the success of AirAsia as it grew and expanded from Malaysia to other destinations in Southeast Asia and beyond?

Question