What type of political and legal systems do they have

Assignment Help Business Management

Reference no: EM133110972 , Length: 5 pages

BUS 2275 International Business - Lethbridge College

Project: Country Analysis

Select a country that you are interested in researching. Assume you work for a company that is interested in making an investment in the country you have selected. It may help to pick a product or company to use as an example (BUT it is NOT required that you do this) - a good example would be opening a Timmy's in another country. Assess the various challenges - economic, political, legal, ethical, and cultural-of doing business in your chosen country.

1) Culture
- For the country you are studying, list several of their peoples' manners and customs. What values do people hold dear?
- Describe their attitude toward time, work, and cultural change.
- What religions are practiced there?
- What language(s) are spoken?
- What ethnicities reside in the nation, and do they form distinct subcultures?

2) Politics and Law
- For the country you are studying, what type of political and legal systems do they have?
- Do free elections take place?
- Is the government heavily involved in the economy?
- Is the legal system effective and impartial?
- Do political and legal conditions suggest the country could be a potential market?
- If so, for what kinds of goods or services might the market be appealing?
- Is legislation pending that may be relevant to international companies?

International Ethics
- What is the corruption perception index score?
- What ethical dilemmas or challenges might you encounter in the country?

3) Demographics
- What are the population demographics of the country
- What are income levels, distribution, etc for the population
- What is the educational system like?
- Describe the nation's social structure.

4) Economics and Emerging Markets
- What type of economic system does it have?
- Has it always had this type of economic system?
- Is it a developed, newly industrializing, emerging, or developing country?

- How does it rank on the various measures of economic development?
- Has it undergone any form of economic transition within the past 20 years?
- If so, how has that transition affected the culture and the country's political, legal, and economic systems?
- What trade patterns can you observe?
- Is there evidence of products being imported? Exported?
- List the methods each government uses to promote and restrict trade.

5) Foreign Direct Investment
- Does it attract large amounts of FDI?
- Is it a major source of FDI for other nations?
- What is the nation's balance-of-payments position?
- What is its current account balance? List some possible causes for its surplus or deficit.
- How is this surplus or deficit affecting the nation's economic performance?
- What is its capital account balance?
- How does the government encourage or restrict trade with other nations?

6) Regional Economic Integration
- Identify any regional integration efforts in which the nation may be participating.
- What other nations are members?
- What economic, political, and social objectives drive integration? So far, what have been the positive and negative results of integration?
- How are international companies (domestic and non-domestic) coping?
- Explain why companies' coping strategies are, or are not, succeeding.

7) International Financial Markets and Foreign Exchange
- Does it have a city that is an important financial centre?
- How has its stock market(s) performed over the past year?
- What is the exchange rate between its currency and that of Canada?
- What factors are responsible for the stability or volatility of that exchange rate?
- Are there any restrictions on the exchange of the nation's currency?
- How is the forecast for the country's currency likely to influence business activity in its major industries?
- How have inflation and interest rates affected the nation's exchange rate with other currencies?
- What impact has the country's exchange rate had on its imports and exports?

Attachment:- International Business.rar

Reference no: EM133110972

Questions Cloud

What is the issue price of the bonds : A 20-year bond issue of 4,900,000 and bearing interest at 6.5% payable annually is sold to yield 6.25% compounded semi-annually. What is the issue price of the

What is the value of the funds : 1. Sarah just won a settlement with an insurance company, which entitles her to receive payments of $29,376 at the beginning of each year for the next 10 years.

Calculate the npv using the discounted cash flow : Q1. You buy and sell mobile phones. Someone is offering you a chance to buy their used phone. They are willing to sell their used I-phone 12 to you for $ 600. T

Record the annual depreciation for the x-ray machine : The Health Department of a Hospital bought X-Ray equipment for $100,000. Record the Annual depreciation for the X-Ray machine

What type of political and legal systems do they have : What ethnicities reside in the nation, and do they form distinct subcultures and What ethical dilemmas or challenges might you encounter in the country

Describing methods to monitor the marketing measures : Create a short report describing the methods to monitor the marketing measures after the parks in the course scenario reopen.

What is npv if the discount rate : A project that costs $3,000 to install will provide annual cash flows of $800 for each of the next 6 yea

What controls are needed to reduce the risk of fraud : Mr Paul finished his accounting qualification in the early 2000s, and he joined AISL Corporation as an accountant. What controls are needed to reduce the risk

What is the equilibrium expected growth rate : Franklin Corporation is expected to pay a dividend of $1.25 per share at the end of the year (D1 = $1.25). The stock sells for $32.00 per share, and its require

User Account

All Pages