How would you approach this question? Thanks!
Case Question: Should an asset management firm expand into China if indices are growing at 80% and American indices at only 5%?
You could take a look at a framework like PESTL, which could help you structure your thinking.
Also, keep in mind some fundamental questions:
- What is the asset manager's mandate / investment strategy(stable, safe returns vs. speculative high-risk investments)?
- What about other macro-economic factors (inflation / exchange rates / capital export restrictions etc. --> some of it covered in the PESTL P)
Can't we directly divide the total store sales with average expense per person to determine the number of customers ?