...Unit 12 Assignment 1 P1 - Explain the international business environment in which a selected business operates. The business that I have chosen to produce a report on how they could expend their business internationally is my own business, Impossible Project. Impossible Project is a fashion brand based in the UK. We design and produce our own brand of high-end designer clothing and are just selling in the UK at the moment. It is a relatively small business at the moment, however we have the capacity in terms of finance and scale to start looking at trading internationally. The country Impossible Project has targeted to start of their international journey is China. I have chosen to use China for a variety of reasons; one being it is a BRIC country. “BRIC is an acronym for the economies of Brazil, Russia, India and China combined. The general consensus is that the term was first prominently used in a Goldman Sachs report from 2003, which speculated that by 2050 these four economies would be wealthier than most of the current major economic powers.” - http://www.investopedia.com/terms/b/bric.asp Political * Being a communist country means Chinese consumers feel forced into supporting Chinese brands as a pose to UK brands. | Economical * According to the latest government figures, growth picked up to 7.9% in the final three months of 2012, from 7.4% in the previous quarter * China is a BRIC country and will soon be one of the leading economic powers | ...
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...Faculty of Business Studies Module: Presentation and Communication Skills Examiner: Dipl. Ök. Marina Alvares-Wegner The BRIC countries Leslie Authier Matr. No.: 7007017 E-Mail: leslieauthier@orange.fr Diana Carolina Ramirez R. Matr. No.: 7004479 E-Mail: dianacarolina_puebla@yahoo.de Maya Höpfner Matr. No.: 7003768 E-Mail: maya.hoepfner@googlemail.com Table of content 1 Introduction...................................................................................................... 2 2 The Federative Republic of Brazil .................................................................... 3 2.1 General information on the Federative Republic of Brazil....................... 3 2.2 Brazil’s connection with the European Union.......................................... 4 2.3 Brazil’s financial situation........................................................................ 5 2.4 Brazil’s imports and exports.................................................................... 6 2.5 Brazil’s leading companies ..................................................................... 9 3 The Russian Federation................................................................................. 10 3.1 General information on the Russian Federation ................................... 10 3.2 Russia’s connection with the European Union...................................... 11 3.3 Russia’s financial situation.................................................................... 12 3.4 Russia’s imports...
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...GLOBAL BUSINSESS OPERATION ADEGBENRO ELEWADE MIB 34- 130226 INDIVIDUAL ASSIGNMENT QUESTION- You have been employed as a business consultant to advise a company manufacturing smart phones who wishes to explore the potential of doing business in one Latin American emerging market. You must produce a report that identifies the key issues that the company will face in your chosen market and secondly offer expert advice to attain business success in that market. CONTENTS- 1. Introduction. 2. View of Brazil’s economy. 3. Brazil as a BRICS Economy. 4. Market for smart phones in Brazil. 5. Using the porter’s five forces to analyse the market for smart phones in Brazil. 6. Competitors existing in the market. 7. How to enter the market. 8. Constraints to success for the company (using PESTLE model). 9. How to achieve a sustainable competitive advantage. 1. INTRODUCTION The Cost (this involves the legal cost, corruption, lack of infrastructure), Benefits (size of the economy or economy growth),Risk (political-social unrest, economic mis-management) analysis has been used to analyse the favourable emerging market in Latin America which is Brazil. The main reasons for choosing this market will discussed in details. 2. OVERVIEW OF BRAZIL’S ECONOMY The chosen market is BRAZIL which is an emerging market and also the largest of the Latin American nations and the second largest in the western hemisphere with...
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...MGT 435 WEEK 3 ASSIGNMENT CHANGE MODEL ASSIGNMENT A+ Graded Tutorial Available At: http://hwsoloutions.com/?product=mgt-435-week-3-assignment-change-model-assignment Visit Our website: http://hwsoloutions.com/ Product Description MGT 435 Week 3 Assignment Change Model Assignment, MGT 435 Week 3 Assignment, XYZ, Inc. Change model XYZ Company is a high-end retail market that sells luxury watches, jewelleries, handbags and other related products. The company is looking for first international expansion by opening a store in Shanghai, China. The new store in Shanghai is a short-term goal and the next step will be relayed on this success. The long-term goal is to push them in to the BRIC (Brazil, Russia, India, and China) regions. The future goal and target of the company that is lining up requires more changes along the way and it is not easy task to accomplish. Hence, it is essential to have appropriate strategic plan at the earliest to prepare the organization and everyone (employees, manager) in order to accomplish the target. It is significantly clear that H&Dgates is in need of a leader who is capable in succeeding the organization and to win over the competition prevailing in the market, as changes are required at all stages. In terms of researchers, leader ship is the capability of leader in strategizing despite the differences and changes that are approaching like management changes, cultural, organizational and is able to go through them (Speller, 2012)...
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...102 Graded Assignment Russia’s population is now less than 142 million. After the Soviet Union disbanded in 1991, the Chechen terrorists saw their opportunity, killing hundreds. With the country suffering and in doubt, President Putin was then elected to help with a turn-around. He proclaimed his intention to restore Russia to superpower status and to recapture much of the global that the Soviet Union once possessed. President Vladimir Putin of Russia began Russia’s turn-around in 2000. Putin got Russia to join the G-7, making it the Group of Eight (G-8), which was a part of the world’s leading economies, yet they were not qualified to join. The new Putin administration diminished the influence of Regions by making a new geographic layout, which was combined of the 83 Regions, Republics, and others into eight new administrative units. The Internal Periphery remains unstable, even after Vladimir Putin promised victory. In order for the Internal Periphery to reach levels of wealth that Russia carries, they have a way to go in regards to health, income, opportunity, and education. Russia is already a country that is rich in oil and natural gas. The natural resources are vast and varied, including diamonds, gold, platinum, lead, etc. Across the country, you can find iron ore, coal fields, and also a variety of available raw materials. The BRICs is the world’s largest emerging markets. It consists of Brazil, Russia, India, and China. Russia is now part of the BRIC. Russia is...
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...Running head: HRM Issues/Diversification Strategies HRM Issues/Diversification Strategies Assignment #4 Nucor Corporation Strayer University BUS599016VA016-1116-001 Strategic Management August 21, 2011 Abstract This paper examines the trends in the global beer market. The paper will also examine the international expansions that were made through strategic partnerships with distributors in local markets. Foreign Market Entry and Diversification Assignment #3 Corona Beer Grupo Modelo’s corporate mission is, “To produce, distribute and sell quality beer, at a competitive price, optimizing resources and surpassing customer expectations, in order to contributeto the economic and social development of Mexico.” Corona Extra brand has become the fifth best selling beer worldwide and the number one imported beer in the United States. Corona is commonly served with a wedge of citrus fruit in the United States, Canada, Australia, and the United Kingdom. Today, Modelo products are available in more than one hundred and forty countries (http://findarticles.com/p/articles/mi_m0BEK/is_7_7/ai_55012912/). Identify and discuss the trends in the global beer markets. The world of beer is changing and evolving. The most interesting tend is happening in Germany. When most people think of beer they think of Germany. Beer production in Germany dropped 1.7% from 2009 to 2010. Beer consumption dropped 3% in Germany because many German consumers would drink coffee...
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...Running head: FOREIGN MARKET ENTRY AND DIVERSIFICATION Foreign Market Entry and Diversification Assignment #3 Corona Beer Strayer University BUS599016VA016-1116-001 Strategic Management August 7, 2011 Abstract This paper examines the trends in the global beer market. The paper will also examine the international expansions that were made through strategic partnerships with distributors in local markets. Foreign Market Entry and Diversification Assignment #3 Corona Beer Grupo Modelo’s corporate mission is, “To produce, distribute and sell quality beer, at a competitive price, optimizing resources and surpassing customer expectations, in order to contributeto the economic and social development of Mexico.” Corona Extra brand has become the fifth best selling beer worldwide and the number one imported beer in the United States. Corona is commonly served with a wedge of citrus fruit in the United States, Canada, Australia, and the United Kingdom. Today, Modelo products are available in more than one hundred and forty countries (http://findarticles.com/p/articles/mi_m0BEK/is_7_7/ai_55012912/). Identify and discuss the trends in the global beer markets. The world of beer is changing and evolving. The most interesting tend is happening in Germany. When most people think of beer they think of Germany. Beer production in Germany dropped 1.7% from 2009 to 2010. Beer consumption dropped 3% in Germany because many German consumers would drink coffee or...
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...Assignment (a) Economic factor Analysis form Argentina (b) BRIC countries, having Goal in Conglolomarates (India & China) (c) What is the Departmentalization chose a company from Developed countries and Draw out its Functional Departmentalization and Products/Brand departmentalization Economic factor Analysis of Argentina The economy of Argentina has been recently on rise after the recovery from a severe economic crisis of 2001/2002. Over the last 5 years, the country's GDP growth has been quite high: 9.2% in 2005, 8.6% in 2007 and 6.6% in 2008 (slowed down by the international financial crises). GDP Annual Growth Rate in Argentina averaged 3.29% from 1994 until 2015, reaching an all time high of 12.50% in the second quarter of 2010 and a record low of -16.30% in the first quarter of 2002. With a Gross Domestic Product (GDP) of more than US$ 540 billion, Argentina invested heavily in health and education, areas which account for 7% and 6% of GDP, respectively. Argentina was the top performer in the region in reducing poverty and boosting shared prosperity between 2004 and 2008. Incomes of the bottom 40% grew at an annualized rate of 11.8% compared to average income growth of 7.6%. This trend continued but slowed after 2008. As of 2014, 12.7% lived in poverty – defined as living on under $4 a-day. A third of the population lives on between 4 and 10 dollars a day and remains at risk of falling back into poverty. The country prioritized social spending through...
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...Quazi Tasnim Hasan ID # 112 111 051 Assignment No. 4 What is economic integration? For the Last 65 years, the world has undergone significant changes. The decade of the 1970s was dominated by the two energy crises. Industrial economies were faced with a new “enemy”: stagflation—a combination of high inflation and unemployment. Developing countries were increasingly becoming more dependent on foreign borrowing and centrally planned economies were unable to secure economic growth. Furthermore, the world witnessed a radical transformation during the past two decades. The greatest economic experiment of the twentieth century was the movement from communism to a market economy, which began in Mikhail Gorbachev’s Russia in the mid-1980s, and then spread to Eastern Europe at the beginning of the 1990s and to China later on during the same decade. Although the transition to a free market has led to disappointing outcomes, most Eastern Europe countries have concentrated on integrating their economies with Europe and on becoming part of the EU. All these events led to the world becoming more and more global in nature and to defining globalization as a closer economic integration among nations through increased trade and capital flows. It also refers to labor movement and technology transfer across international borders as well as cultural and political issues, which are beyond the scope of this chapter. Globalization is the result of technological processes occurring mainly in the...
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...London School of Business & Management BTEC Levels 4 & 5 HND Business Centre No Unit No & Unit Title Course Title Lecturer’s Name Assignment Title & Type Date Set Due Date Academic Year / Semester 79829 Unit 1: Business Environment HND Business (BTEC Level 4 and Level 5) Dr Knowledge Mpofu Business Environment – Individual Assignment 24th September 2014 9th January 2015 September 2014 Semester Unit Outcomes Covered: LO1. Understand the organisational purposes of businesses LO2. Understand the nature of the national environment in which businesses operate LO3. Understand the behaviour of organisations in their market environment LO4. Be able to assess the significance of the global factors that shape national business activities. GRADING OPPORTUNITIES AVAILABLE Outcomes/ Grade Descriptors Outcomes/ Grade Descriptors AC1.1 √ AC4.1 √ AC1.2 √ AC4.2 √ AC1.3 √ AC4.3 √ AC2.1 √ M1 √ AC2.2 √ M2 √ AC2.3 √ M3 √ D1 √ AC3.1 √ AC3.2 √ D2 √ AC3.3 √ D3 √ Assessor: Signature: ______________ Date: ___/___/___ Dr Knowledge Mpofu September 2014 1 Assignment Brief Scenario: The UK business environment remains positive, forward-looking and one of the most attractive places open for business in Europe. The UK government is committed to creating a supportive business environment that encourages a private-sector-led economic growth. According to the World Bank ranking, the UK is one of the easiest places to set up and run a business in Europe, and more overseas companies...
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...Assignment-1: National Income The Dictionary definition of the term National Income is the total net value of all goods and services produced within a nation over a specified period of time, representing the sum of wages, profits, rents, interest, and pension payments to residents of the nation. Measuring the level and rate of growth of national income (Y) is important for seeing: * The rate of economic growth * Changes to average living standards * Changes to the distribution of income between groups within the population National Income can be measured by three approaches: 1. Aggregating National Production - the output method 2. Aggregating National Income - the income method 3. Aggregating National Expenditure- the expenditure method Most pre-dominant method is Expenditure method which can be summarized as below- Y = C + I + G + (X-M) Where, Y = Total demand for domestic output (GDP) C = consumption spending by households I = investment spending by businesses and households G = government purchase of goods and services X = exports of the country M = imports of the country Tabular data of the components of GDP- | (All values in USD billion dollars) | | | | | | | Gross National Income | Gross Domestic Product | Gross National Product | Exports | Imports | Government Spending | Consumer Spending | South Africa | 770.8 | 384.31 | 770.8 | 86.455 | 97.224 | 159.94 | 498.012 | Brazil | 2329 | 2533 | 2169.624 | 238.952 | 235...
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...Mercedes – Benz Since I am not a fan of the Mercedes-Benz, I asked my son to help me out with this assignment. So, we choose the SLS AMG GT Roadster. We’ve added Carbon Fiber Fide Mirror Caps, AMG Carbon-Ceramic Braking System, Carbon Fiber Engine Compartment Covers and the Mercedes-Benz Star Service Prepaid Maintenance 5 years or 50,000 miles. The basic price is $210,080, after adding the extra options it went up to $256,704. I don’t know much about cars, other than put gas and oil change every so often. I think with the number of different of models Mercedes-Benz has there must be many possible configurations. But if there is only two types of vehicles, three color schemes, four packages, and two option choices there isn’t much to have different vehicles for every customers. Mercedes-Benz strategy has changed, they focused on the safety, luxury, and precision engineering of its cars, but this had to change due to the increase competition in the luxury car industry and changing consumer attitudes about the MB brand. Mercedes-Benz is now focusing on the expansion of its target market, this includes people twenty five to thirty five years of age as well as its initial targets. The strategy is more life style oriented and is more on presenting the more fun loving, approachable and energetic side of Mercedes Benz. Mercedes Benz is aiming to achieve their goals through four strategic growth areas: Strengthening the core business - renewing and expanding model range...
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...Keiser WK 6 * Week 6 Discussion Week 6 Discussion Questions ____________________________________________ BRIC countries - Brazil, Russia, India, and China are emerging countries that have grown tremendously. However, India is fast becoming a major outsourcing center in the world. It is a talent-rich country that exports software to some 95 countries around the world and has a mature industry with world-class systems and quality. Not only does India offer technological promptness, flexibility, time-to-market and a competitive advantage, it also offers world-class infrastructure and numerous incentives for foreign investments. From conducting research, where do you see SHIFT in the world economy in three or even five years? . Your initial post must be 3 paragraphs 6 lines in length with a minimum of 2 peer-reviewed references in APA format. At the close of 2011, the global economy was at a very dangerous juncture, it showed a GDP growth of 3.4% with only a probability of 45% of obtaining this growth during the 2012 fiscal year. This was showing China economic stability had weakened (World Economy). Export dependent sectors that had been the force for a very strong domestic market was declining. While Brazil showed no growth and India has drops in both industrial and investment activities. As we saw in previous discussions and readings, one of the largest contributors to India’s economic growth and expansion was the influx in investment, which fueled their economy...
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...International Strategy Assignment ¼ What are the main benefits that your company enjoys due to itsinternational presence? What are the keychallenges your company faces due to its international exposure ? First major benefit Sanofi Aventis enjoys from international presence is Economies of Scale. International expansion means access to a larger market and implies higher potential sales as well as manufacturing volumes. Research and Development of new products incorporate the most important fix cost for pharmaceutical companies. The general industry trend suggests that although non-R&D costs have declined recently, the cost of bringing new product to a market rose in two-digit rate and this development will continue (http://www.guardian.co.uk/business/2011/nov/21/pharmaceuticals-drug-research-costs-rise). Therefore the efficiency gains resulting from higher production level are even more crucial. Another benefit Sanofi Aventis enjoys is improved responsiveness to customer needs. The demand for pharmaceutical products is increasing around the globe, especially in BRIC countries. Therefore it was essential to establish international network of sites and sales channels in order respond to demand in flexible and timely manner. Additionally in order to ensure the product effectiveness it is sometimes important to conduct trials with local population that share characteristics distinct from other regions. Next important benefit are the location advantages. The sites Eastern Europe...
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...|Unit Name & No. |Business Environment - 2 | |Assignment No. |2 (Learning Outcomes iii and iv) | |Launch Date |20/03/2013 | |Submission Date |25/04/13 | |Assessors |Roland Mensah | | | |Learning outcomes (LO) |Assessment criteria for pass | |LO(iii) | | | |Understand the behaviour of |Explain how market structures determine the pricing and output decisions of businesses |3.1 | |organisations in their market | | | |environment |Illustrate the way in which market forces shape organisational...
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