Daniel Guevara 10-2 Business and managements Colombia

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http://co.kalipedia.com/kalipediamedia/geografia/media/200704/10/geodescriptiva/2007041 0klpgeodes_34.Ees.SCO.png Buenos Aires

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Further analysis, as seen every country focuses its respective economic sector, the first stands for the agro industry that extracts the prime resources for other inventions or need, as an example the coffee or carbon are natural resources that are extracted from the earth. The second sector stands for the technology used to create or design products such as iPods, computers or any technological design procedure. The 3rd sector focuses on services made to the public, such as Telmex, transport or even communication. The economy state is reflected on the sector strength and respective characteristics. Colombia as a nation whose main export and production focuses on agricultural matters, mainly the production of coffee, meanwhile a country such as Germany has a micro percentage in the 1st sector, and shows a strength on the 2nd and 3erd sector, with companies such as Volkswagen the main production produces items that could be sell with a relative high price. Example Coffee Price per gram price per car 2.5 dollars 300.00 dollars aprox

Volkswagen

The difference and profit which is taken from a single car must be almost 200 times greater the coffee price per gram. The technology has always been seen as a concept which changes products, making it more efficient or even comfortable. Raw materials and other agro derivations as flowers are selling for a really low prices. Meanwhile objects that are cheaply made as computers have a additional value on the market for the technology applied on it, also the brand could be a factor which changes drastically a price for example: A single Lacoste T- shirt Single GEF T- shirts 250.000 pesos 250.00 pesos

For the same piece of fabric bur the name and brand would affect directly the target market for the t-shirts. This is also represented in the economic sectors; a single raw material has a low price on the worldwide market instead a product made up with technology has a much higher price per a single unit. In conclusion a country which focuses on the 1st sector would LEDs or be seen as less develop country and countries which are made up by technology industries would be parts of the MEDS or more developed countries