Describe type of government and recent political development

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Reference no: EM132864465

Answer all the questions. Word Limit- 3000- 3500 words

Q1) There are many advantages of globalization. From a broad perspective, globalization creates economic activity (which stimulates economic growth), creates jobs, raises income levels, and provides consumers with more choices in regard to the products and services that are available to them. From the perspective of an individual firm, globalization has the potential to increase revenues (through expanded market potential), drive down costs (through additional economies of scale), and boost profits. However, critics argue that globalization destroys manufacturing jobs in wealthy countries and contributes to pollution. Critics argue that falling trade barriers allow firms in industrialized countries to move their manufacturing activities offshore to countries where wage rates are much lower. Critics also argue that globalization encourages firms from advanced nations to move manufacturing facilities offshore to less developed countries to avoid the more stringent pollution controls in place in their home countries. Comment your views?

Q2) Conduct Research on the below

Based on the global business opportunity identified post COVID 19 (or a different international business enterprise or idea), research information related to the following: Any Business which you would love to start

POTENTIAL COMPETITORS Identify companies that:
have business activities similar (or related) to the business opportunity you are
proposing; and
operate in the country (or countries) that you are considering for your international business enterprise.

COMPETITIVE ADVANTAGES
Discuss the competitive advantages of these companies. (For example, some companies may gain a competitive advantage as a result of access to raw materials, others may gain an advantage through the use of technology for production and distribution or as a result of a well-known brand name.)

INTERNATIONAL STRATEGIES
Compare the international business strategies of these companies. Do these companies make use of standardized products and operating policies? Or, do they use a strategy that is adapted to various foreign markets? (Film is sold in standardized formats around the world while laundry detergents are adapted to clothes washing habits and water hardness.)

Q3) Conduct Research on the below

Based on the country (or countries) you are analyzing for your global business enterprise, research information related to the following areas: United Arab Emirates.

GOVERNMENT AND POLITICS
Describe the type of government and recent political developments that could influence the economic and business environment of the country. (For example, various events in recent years in the Middle East must have positively contributed to an certainty when doing business in UAE )

FORMAL TRADE BARRIERS
Identify formal trade barriers (tariffs and other taxes, foreign exchange controls, ownership restrictions) that might require a company to adapt its business strategy.

PROMOTING GLOBAL BUSINESS
Analyze host government efforts to attract foreign investment. (Some nations offer tax incentives to attract foreign capital.)

INTELLECTUAL PROPERTY
Discuss the country's regulations to protect intellectual property, such as brand names, copyrights, patents, software, music, videos. (Some countries do not enforce these laws resulting in the pirating of products and lost profits for companies.)

E-Commerce Application

Research possible restrictions or taxes imposed for online activities in UAE. Describe how these government actions could affect & complement the global business operations.

Attachment:- globalization.rar

Reference no: EM132864465

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