Activity 1 Conceptual FrameWork
Activity 1 Conceptual FrameWork
Activity 1 Conceptual FrameWork
BSN-3B
Activity 1: Conceptualize me
Read and analyze the Statement of the Problem below and prepare a Conceptual Framework.
Illustrate and explain your conceptual framework.
This study aims to assess the readiness of locally-produced products in the municipality of Narra
in International Trade.
2. What are the issues encountered by local product manufacturers affecting export
readiness; and
Improved financial performance: If you have product that sells in your domestic
market, having a larger market base will allow you to increase sales volumes. As your
sales grow, you can also increase your profitability by reducing costs through
economies of scale.
Risk mitigation: As you expand into new markets, you can reduce your
dependability on the performance of a single market.
Gain new knowledge: The experience your company gains in the global market will
help you to become more competitive both domestically and internationally. If your
product proves to be successful in new markets, it will provide some resilience from
foreign competition in your domestic market.
.
Activity II : Provide the conceptual and operational definitions of the following variables.