What events are the most important in recent years

Assignment Help Microeconomics

Reference no: EM131740022

Global Business Assignment: The Political, Economic, and Technological Implications for Business

Scenario: Foreign Business Environment

Nils, the partner of Ravi and Keith at Zip-6, approached them with an interesting possibility. A fellow venture capitalist friend revealed to him that he and his partners were acquiring a large family-owned group of businesses in the South American country of Colombia. Most of these family-owned businesses are diversified manufacturing businesses in the capital of Bogota, but there is one soft drink bottling operation in the acquisition that does not fit within their venture business plan and thus they would like to divest (sell) this particular operation. Nils' friend knew that Nils, Ravi, and Keith had extensive presence in neighboring Brazil and thought that this business in Colombia might offer Zip-6 an additional expansion opportunity in the region. Neither Nils, Ravi, nor Keith have any knowledge of this nation.

Your job in this Assignment is to conduct some basic research into the country of Colombia (a neighboring country to Brazil) and examine the most important historical events (political, economic, and technological) that might impact the country of Colombia's business climate for the future of this investment by Zip-6. Review the full Zip-6 Scenario.

After researching the historical events in Colombia, write your analysis in an informative essay addressing all the checklist items and advising Ravi and Keith on a recommended course of action and your justification for such an approach. Be sure to reference any sources used in your work using APA formatting.

Web Resources:

Colombia:

1. Go to the C.I.A.'s World Factbook resource and search for information on Colombia
2. Go to the U.S. Department of State website and search for information on Colombia
3. Go to Michigan State University: globalEDGE website.

You may also use information from other sources that are from governmental or educational sites as well. Do not use Wikipedia!

Checklist:

1. What events (political, economic, and technological) are the most important in recent years that might have impacted the business culture in Colombia?

2. Do you feel that the Colombian economy today is sufficiently robust to support the growth of the sports drink industry and Zip-6's entry within the country and why?

3. Write your original informative essay in Standard American English. Please be sure to include an Introduction, Body (addressing all the checklist items), and Conclusion.

• Pay special attention to correct grammar, style, and mechanics.
• Respond to the checklist items in a complete manner.
• Ensure that your viewpoint and purpose are clearly stated.
• Demonstrate logical and appropriate transitions from one idea to another.

Your paper should be highly organized, logical, and focused.

Draft your response addressing these points in a minimum of 500 words or more in APA format and citation style and submit the file to the Unit 3 Dropbox before the close of the unit.

Reference no: EM131740022

Questions Cloud

How do government business policies affect firms performance : How do government's business policies affect the firm's performance, demand for its products etc.? Discuss how these variables changed over time?

What impact does declining oil prices have on inflation : What impact does declining oil prices have on inflation? Is there a downside to low oil prices? Who are the winners and losers in the economy?

Examine the major pros and cons of antitrust regulations : Case Study: The Antitrust Case on the AT&T / T-Mobile Merger. Examine the major pros and cons of antitrust regulations based upon factors in this case.

Analyze babes proposal from the institution-based view : From the case study, analyze Babe's proposal from the institution-based view of multinational strategy.

What events are the most important in recent years : What events (political, economic, and technological) are the most important in recent years that might have impacted the business culture in Colombia?

Draw a diagram for washington metro : Draw a diagram for Washington Metro. Show me and explain what is happening in this industry as it relates to the reading.

What is the maximum possible profit : The fitness center has found that it has. Find the price and quantity demanded (P and Q) that maximize total profit. What is the maximum possible profit?

How do peoples budget income and substitution effects fit in : How do people's budget, income, and substitution effects fit in? How do you think this influences the demand curve for indoor grill products?

Discuss the role of agricultural subsidies in the us : Discuss the role of agricultural subsidies in the U.S. Discuss a specific example of a U.S. government policy to restrict imports.

User Account

All Pages