ASSIGNMENT | Data Analysis

You are a researcher for ABC, Inc. The company wants to expand its clothing business to the small developing island states. A determination needs to be made by reviewing the data on what island states would be the best choices.
What two countries are the easiest to start a new business?
What two countries are easiest to important and export in and out of?
What two countries provide for the least amount of day to export shipments?
What two countries cost the least in U.S. currency per container?
What two countries protect investors the best?
What two countries provide the easiest employment laws overall?
Based on your analysis of all of the data points you need to provide a written analysis providing a direction for the company. Then justify your choices of the top two island countries ABC, Inc. should expand its clothing business.
Should a VP or Manager of Marketing, without a background in statistics, accept the research presented by researchers without confirming whether the data are really valid?

SAMPLE SOLUTION

Data Analysis
The recent World Bank report ranks New Zealand and Singapore as the leading island states in terms of ease of doing business. At the same time, the two leading countries with the highest amounts of total trade as Canada and China. These countries also lead to the overall amount of imports, while Mexico and Canada are leading in terms of exports (The World Bank, 2019). At the same time, data from the World Bank shows the highest-ranked countries providing the least number of days to export are Hong Kong and Singapore.
Accordingly, Singapore and Timor-Leste are the two…