describe how useful the information available at the world Bank website

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vaivapvoyr2288

Business Finance

Description

Prepare 4-6 pages (APA format ) that describe how useful the information available at the world Bank website (www.worldbank.org) in terms of helping you to understand the following as a market for cell phones :

a) United Kingdom b)South Korea c) Australia d) Argentina

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Explanation & Answer

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Running head: WORLD BANK

1

World Bank
Student’s Name
Affiliate University

WORLD BANK

2
World Bank Website Information

The World Bank website is a very informative website when it comes to understanding
markets around the globe. The information in the website is usually categorized into various
groups, for instance, the cell phone or mobile phone data is found in the communications and
infrastructure group. It is further classified according to the countries and the information tends
to be easily traced to a large extent compared to other particular product groups like automobiles
and refrigerators. The website gives important data in regards to demographics but it does not
offer data regarding consumption at a suitable level. Other categories of information regarding
etiquette, cultural values, and many others are required but cannot be accessed as secondary
information. The data found on the website includes information about the income levels, usage,
accessibility, affordability, quality, population and the efficiency and capacity of the sector. This
kind of information is what helps an organization understand its market by knowing what to
offer, at what price and quantity (Mooij, 2011). The paper seeks to analyze the cellphone market
in the United Kingdom, South Korea, Australia and Argentina with regards to the information
from the World Bank website.
United Kingdom
The United Kingdom has found itself in the middle of the greatest communications and
information revol...


Anonymous
Very useful material for studying!

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