19 May International Business Environments: Trends And Practices
Assignment Prompt Based on the country (or countries) you are analyzing for your global business enterprise, research information related to the following areas: Geographic Influences Identify geographic factors (climate, terrain, waterways) that influence business activities in the country. (In some countries, mountains make movement of raw materials and production supplies difficult and expensive.) Major Products and Industries Describe the country’s: main natural resources and agricultural products, major industries, major imports, and major exports. (A country’s natural resources and agricultural products are the basis for foreign investment and exporting activities.) Current Economic Conditions Assess the country’s recent economic conditions related to GDP, inflation, interest rates, currency value, personal income, and employment. Suggest how these economic factors may attract or deter foreign investment. Infrastructure Analyze the infrastructure of the country with regard to availability of transportation, communication, and utilities. In a separate Word document (6-7 pages), prepare a summary report consisting of the following components: A synopsis of geographic factors, natural resources, major industries, imports, and exports for the country (or countries) being considered for the proposed global business enterprise. An overview of the economic environment and infrastructure. Recommend actions that might be taken for existing or proposed businesses related to geographic and economic influences in this foreign market environment. Provide evidence to support your proposal.
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