Competitive Alternatives

Last updated

KPMG's Competitive Alternatives is a biennial guide to comparing international business site locations in North America, Europe, and Asia Pacific. [1] The primary focus of the study is international business costs. The study measures the impact of significant costs that vary by location, as applied to different business operations. Demand for the guide has grown significantly since it was first introduced in 1996. The founding study compared 23 cities in 7 business operations in Canada and the United States. In 2010, the analysis included 112 cities in 17 business operations in Australia, Canada, France, Germany, Italy, Japan, Mexico, the Netherlands, the United Kingdom, and the United States. [2]

Contents

Description

The primary focus of Competitive Alternatives is international business costs. In the 2010 edition, the study measured the combined impact of 26 significant cost components that were most likely to vary by location, as applied to 17 different business operations over 10 years. [3] The study also compares a variety of non-cost factors that also influence the relative attractiveness of locations to business; aspects considered by the 2010 study included labour availability and skills, economic conditions and markets, innovation, infrastructure, and regulatory environment, as well as personal cost of living and quality of life. [3]

Methodology

The methodology of the study is focused on seven key areas: design of cost model, identification of key location-sensitive cost components, definition of the standard business operations, specification of common business model assumptions, method for estimating labour costs, method for estimating transportation/distribution costs, and a method for estimating taxes. [4]

Media coverage

Competitive Alternatives has been widely covered in the international business media. In September 2010, The Australian reported that the study found Australia to be maintaining its position since 2008, and that "Melbourne and Sydney were 'relatively affordable', well ahead of the most expensive cities, Osaka and Tokyo, but way behind Monterrey and Mexico City." [5] A CFO.com article cited that KPMG ranked 22 of the largest US cities on a variety of business operating costs and found "Tampa leads the pack as the most cost-competitive large city for business in the USA, followed by Atlanta and Miami." [6] USA Today cited that the study found the United States to have considerably improved its competitive position in 2008, relative to its 2006 positioning where it lagged behind many other G7 countries. [7] The Globe and Mail cited that Competitive Alternatives found Mexico to be leading the way in 2008, followed by Canada, the United States, Australia, France, the United Kingdom, the Netherlands, Italy, Japan, and then Germany. [8]

Editions

The 2010 edition of the publication compared costs of 17 business operations in 112 cities in 10 countries: Australia, Canada, France, Italy, Japan, Germany, Mexico, the Netherlands, the United Kingdom, and the United States. The 2010 edition expanded its coverage of large international business centers, adding a number of major global cities to the study and referenced that the international results now reflect business costs in each country's major metropolitan regions. [1]

The 2008 edition compared costs of 17 business operations in 136 cities in 10 countries: Australia, Canada, France, Germany, Italy, Japan, Mexico, Netherlands, United Kingdom, and United States.

The 2006 edition compared costs of 17 business operations in 128 cities in 9 countries: Canada, France, Germany, Italy, Japan, Netherlands, Singapore, United Kingdom, and United States.

The 2004 edition compared costs of 17 business operations in 121 cities in 11 countries: Australia, Canada, France, Germany, Iceland, Italy, Japan, Luxemburg, Netherlands, United Kingdom, and United States.

The 2002 edition compared costs of 12 business operations in 115 cities in 9 countries: Australia, Canada, France, Germany, Italy, Japan, Netherlands, United Kingdom, and United States.

The 1999 edition compared costs of 7 seven business operations in 64 cities in 8 countries: Austria, Canada, France, Germany, Italy, Japan, United Kingdom, and United States.

The 1997 edition compared costs of 8 business operations in 42 cities in 7 countries: Canada, France Germany, Italy, Sweden, United Kingdom, and United States.

The 1996 edition compared costs of 7 business operations in 23 cities in Canada and the United States.

Related Research Articles

<span class="mw-page-title-main">Developed country</span> Country with a developed economy and infrastructure

A developed country, or advanced country, is a sovereign state that has a high quality of life, developed economy, and advanced technological infrastructure relative to other less industrialized nations. Most commonly, the criteria for evaluating the degree of economic development are the gross domestic product (GDP), gross national product (GNP), the per capita income, level of industrialization, amount of widespread infrastructure and general standard of living. Which criteria are to be used and which countries can be classified as being developed are subjects of debate. Different definitions of developed countries are provided by the International Monetary Fund and the World Bank; moreover, HDI ranking is used to reflect the composite index of life expectancy, education, and income per capita. In 2024, 40 countries fit all three criteria, while an additional 20 countries fit two out of three.

<span class="mw-page-title-main">Publicly funded health care</span> Form of health care financing

Publicly funded healthcare is a form of health care financing designed to meet the cost of all or most healthcare needs from a publicly managed fund. Usually this is under some form of democratic accountability, the right of access to which are set down in rules applying to the whole population contributing to the fund or receiving benefits from it.

<span class="mw-page-title-main">Low-cost carrier</span> Airline with generally lower fares

A low-cost carrier (LCC) or low-cost airline, also called a budget, or discount carrier or airline, is an airline that is operated with an emphasis on minimizing operating costs. It sacrifices certain traditional airline luxuries for cheaper fares. To make up for revenue lost in decreased ticket prices, the airline may charge extra fees, such as for carry-on baggage.

<span class="mw-page-title-main">Basel Committee on Banking Supervision</span> International financial regulatory body

The Basel Committee on Banking Supervision (BCBS) is a committee of banking supervisory authorities that was established by the central bank governors of the Group of Ten (G10) countries in 1974. The committee expanded its membership in 2009 and then again in 2014. As of 2019, the BCBS has 45 members from 28 jurisdictions, consisting of central banks and authorities with responsibility of banking regulation.

<span class="mw-page-title-main">Allies of World War II</span> Grouping of the victorious countries of the war

The Allies, formally referred to as the United Nations from 1942, were an international military coalition formed during World War II (1939–1945) to oppose the Axis powers. Its principal members by the end of 1941 were the "Big Four" – the United Kingdom, United States, Soviet Union, and China.

<span class="mw-page-title-main">International Air Cadet Exchange</span> Annual student exchange program

The International Air Cadet Exchange is an annual student exchange program designed to promote character, good-will, and cooperation among the world's civilian auxiliary aviation programs.

<span class="mw-page-title-main">Philippine International Pyromusical Competition</span> Annual fireworks contest in Philippines

The Philippine International Pyromusical Competition, initially known as the World Pyro Olympics, is an annual competition among fireworks manufacturers from different countries held in the Philippines which at its current format runs for five to six weeks every Saturday evening at SM Mall of Asia in Pasay. Two countries fire each day; the last participant fires on the final evening of the event.

Nuclear decommissioning is the process leading to the irreversible complete or partial closure of a nuclear facility, usually a nuclear reactor, with the ultimate aim at termination of the operating licence. The process usually runs according to a decommissioning plan, including the whole or partial dismantling and decontamination of the facility, ideally resulting in restoration of the environment up to greenfield status. The decommissioning plan is fulfilled when the approved end state of the facility has been reached.

The Global Competitiveness Report (GCR) was a yearly report published by the World Economic Forum. Between 2004 and 2020, the Global Competitiveness Report ranked countries based on the Global Competitiveness Index, developed by Xavier Sala-i-Martin and Elsa V. Artadi. Before that, the macroeconomic ranks were based on Jeffrey Sachs's Growth Development Index and the microeconomic ranks were based on Michael Porter's Business Competitiveness Index. The Global Competitiveness Index integrates the macroeconomic and the micro/business aspects of competitiveness into a single index.

<span class="mw-page-title-main">International Federation of Broomball Associations</span> International organisation for governing Broomball

The International Federation of Broomball Associations (IFBA), formally established in 1998, is the world governing body for the sport of broomball.

<span class="mw-page-title-main">Travel and Tourism Competitiveness Report</span> International ranking by the WEF

The Travel and Tourism Competitiveness Report was first published in 2007 by the World Economic Forum (WEF). The index measures the attractiveness of a country as a place to develop business in the travel and tourism industry, rather than a country's attractiveness as a tourist destination. The report ranks countries according to the Travel and Tourism Competitiveness Index (TTCI). The TTCI scores from 1 to 6 the performance of a given country in each specific subindex. The overall index is made of three main subindexes: (1) regulatory framework; (2) business environment and infrastructure; and (3) human, cultural, and natural resources. The report also includes country profiles with key indicators from the World Bank, the World Tourism Organization and the World Travel and Tourism Council. From the 2021 report, WEF publishes the Travel and Tourism Development Index (TTDI) as an evolution of the TTCI.

Viacom International Inc. is the international division of the Paramount Media Networks subsidiary of Paramount Global that oversees the production, broadcasting and promotion of its brands outside of the United States. These brands include Paramount Network, Comedy Central, MTV, Nickelodeon and BET, as well as CBS-branded channels co-owned with AMC Networks International. PIN also owned a 30% stake in the Rainbow S.p.A. animation studio in Italy from 2011 to 2023 and a stake in Viacom18, an Indian joint venture with domestic partner TV18, from 2007 to 2024.

Poly-World - is a student committee based in a French-Canadian engineering school, Polytechnique Montréal, in Montreal.

Different methods of electricity generation can incur a variety of different costs, which can be divided into three general categories: 1) wholesale costs, or all costs paid by utilities associated with acquiring and distributing electricity to consumers, 2) retail costs paid by consumers, and 3) external costs, or externalities, imposed on society.

International Accounting Bulletin (IAB) is a monthly accountancy trade magazine that covers the global accounting business.

<span class="mw-page-title-main">FIFA Women's World Cup hosts</span> List of hosts

Eight countries have been chosen FIFA Women's World Cup hosts in the competition's nine editions from the inaugural tournament in 1991 until the tournament played in 2023.

<span class="mw-page-title-main">Indie Campers</span> European RV rental company

Indie Campers is a motorhome rental company, operating in the Europe, North America and Oceania, with its own fleet of over 7000 vehicles distributed by more than 70 locations in Portugal, Spain, France, Italy, Germany, Netherlands, Croatia, United Kingdom, Belgium, Switzerland, Republic of Ireland, Sweden, Austria, Iceland, Denmark, Norway, Canada, Australia, New Zealand and in the United States. In addition to its own fleet, Indie Campers has a campervan Marketplace with more than 2000 vehicles from private hosts.

References

  1. 1 2 "KPMG's Competitive Alternatives - Highlights". Archived from the original on 2010-12-23. Retrieved 2011-04-15.
  2. ↑ "KPMG Competitive Alternatives 2010". Archived from the original on 2011-03-16. Retrieved 2011-04-15.
  3. 1 2 KPMG (2010). Competitive Alternatives, KPMG’s Guide to International Business Location: International Report
  4. ↑ KPMG (2010). Competitive Alternatives, KPMG’s Guide to International Business Location: Report Appendices
  5. ↑ Keith Orchison (Sept 2010). Fairly Affordable and Business-Friendly. The Australian
  6. ↑ "Location, Location, Location: A new study ranks large U.S. cities by cost of doing business". Archived from the original on 2012-03-20. Retrieved 2011-04-15.
  7. ↑ Vinee Tong (March 2008). Weak dollar making US a business bargain. USA Today
  8. ↑ Virginia Galt (March 2008). Canada Losing its Competitive Edge. Globe & Mail
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.