...International Business of Africa 1-18-14 South Africa South Africa is currently the most advanced nation on the entire continent of Africa. By exploring the rich history of South Africa, including its most prominent historical figure Nelson Mandela; as well as the geography, government, demographics and the economic and financial sectors; one can understand why South Africa is the most advanced nation on the continent. South Africa has been populated for millions of years. In one of South Africa’s provinces, Gauteng, there is a complex of limestone caves where fossilized evidence of humans dating back to three and half million years ago has been found which gives this area the nickname the, “Cradle of Humankind.” The indigenous people of South Africa were hunter gatherers or farmers and by 300 AD the Bantu speaking majority began to settle south of the Limpopo River joining the Khoikoi and San people who had been living there for thousands of years. By the 1400s, the Zulu and Xhosa tribes established large and powerful kingdoms in the South Africa region. In the 1480s, European explorers began to arrive in the area to collect supplies. The arrival of the Europeans and their eventual system of Apartheid is what spawned the rise of Nelson Mandela. Apartheid’s roots begin with the arrival of the English and the Dutch in the sixteenth century. The Europeans had come to South Africa to establish a new home and way of life. With them, they brought weapons, technology...
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...Business ethics can be described as different things everyone has their own thoughts on what business ethics are or should be, different parts of the world are also looking at things the same way Germany, South Africa, and the United States of America can be described as three totally different countries with different languages and totally different ways of life, so of course their business ethics are going to be different. Germany and Southern Africa have very different business ethics, a brief summary of Germany’s business ethics would be that Business Administration is different than business ethics and that business administration does not need business ethics. “Business ethics are not recommending the normal, principles and rules but, rather about anything and discussing them.” Using models of economics in ethics is important for setting the business ethics. Business ethics are considered a framework for the economy, and in order to have a framework there must be rules, but sometimes the rules overlap other rules and therefore making an imperfect framework. Analyze for moral problems is done in business ethics, “It is important for business ethics that different kinds of scientific statements require different criteria of verification.” “Integration of business ethics and business administration is necessary in Germany.” Germany has a record for being known to stick to moral ethics which result in good business ethics. The two German representatives of business administration...
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...1.1 Introduction This study examines the factors that lead to small business failure in Johannesburg. Chapter 1 includes the background of the study, the aim/objective of the study, the key concepts and a scope of the study. 1.2 Background of the study The fashion industry is a globally competitive industry that presents challenges when initiating small start-up fashion businesses. Stanley Stasch (2010:3), however, highlights the need to develop small businesses as they contribute positively to the economy by creating jobs that alleviates a portion of the poverty in the country. In South Africa the clothing manufacturing sector has undergone major changes as it needs to compete with mass produced imports from low-wage earning countries as...
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...expand their flights to South Africa. Qantas is not manufacturing any products in South Africa, they only offering transportation services by airplane in order to help people travel to South Africa easier. In order to operate effectively, Qantas needs to have a skilled workforce and an advanced information technology. They need an advanced information technology to keep their data and online system on track, also a skilled workforce because Airline Company need to have employees that understand well about how airline system works. 2.0 Political Environment 2.1 Government stability South Africa corruption ranked was recorded at 64 out of 183 countries and at 4.1 score out of 10. South Africa corruption score was increase since 2008. Corruption watch stated that in 2008 South Africa corruption score is at 4.9 and increasing to 4.7 in 2009, 4.5 in 2010 and until 4.1 in 2010, 10 is the least corrupt and 0 the most (Corruption Watch). 2.2 Government and contribution ACSA has allocated R5.2-billion to an infrastructure expansion programme for the three main airports at Johannesburg, Cape Town and Durban International, as well as at seven smaller airports (Media Club South Africa). 2.3 Analysis Due to South Africa corruption scores increasing, it will damage country’s economic. This also could be a high risk for investment area particularly foreign company due to insecure of South Africa government stability. Furthermore...
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...Individual Assessment SM0269 Global & International Business Context Nurhuda Binte Md Yassin Student ID: 12034616 Word count: 3,189 words INTRODUCTION This report aims at facilitating the company’s decision-making process concerning the consideration of expanding its international operations in food retailing to South Africa. The overall competitiveness and investment attractiveness will be based on the extended version of Porter’s National Diamond and supplemented with key management issues of South Africa food retail industry, to which the company can tailor its strategy. The analysis recommendations will be made, that need to be considered by the company before deciding in opening its operations in South African food retail industry. Brief Summary of South Africa Food Retail Industry |South Africa, a growing retail market with a population of around 49 million people, possesses a modern infrastructure supporting relatively | |efficient distribution of goods to urban centres, townships and rural areas throughout South Africa and Southern Africa (Ntloedibe, 2010). South | |Africa have been identified among the ten new markets most likely to appeal to multinational store groups, along with four other African countries -| |Algeria, Kenya, Morocco and Nigeria (Ventures Africa, 2012). ...
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...world. They are Taiwan, Malaysia, Indonesia, US, Uk, Australia and 12 other countries besides South Africa. Chatime has so many flavors for the tea drinks provided to the consumers with unique taste, fresh brewed tea and fresh ingredients. As Chatime decided to introduce its products to the worldwide by becoming a “Global brand with local flavor”, Chatime needs to makes the products with local tastes and meet the cultures in every country. In home country market, Taiwan, The demand for Chatime can be considered high. It is supported by the level of income of Taiwanese people is quite high and the good taste of Chatime products as well. The booming of milktea drinks factor also become the factors why Chatime drinks demand is very high. Since Chatime still does not have the outlets in South Africa, Chatime needs to considerate to open the market in South Africa to expand the business. As now South Africa is a very fast developing. Besides that, there is a local brand tea in South Africa named rooibos which is very popular for South African people. The report from Euromonitor International (2013) indicates that the tea which has benefit for health and such as rooibos will experience a strong consumer demand. Hence, as Chatime has similar taste with rooibos and also could make products with local taste, it would be a good opportunity for Chatime to expand their business to South Africa. Lastly, this report’s purpose is to make a report about the economic and financial,...
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...LỤC Part 1 2 1.1 Introduction 2 1.1.1 The reasons why we choose South Africa 2 1.2 History and Demographics of the people 3 1.2.1 History 3 1.2.2 Demographic of the people 6 Part 2 8 2.1 Forces that exist in the business and cultural environment of the country 8 2.2 What we would like if we were resident of South Africa 9 2.3 What we wouldn’t like if were resident of South Africa 11 2.4 Primary exports and import, trading partner. Graph the historical rate of the exchange between your South Africa 's currency and that of the United States dollar 12 2.4.1 Primary exports 12 2.4.2 Primary imports 13 2.4.3 Primary trading partners 13 2.4.4 Exchange rates 13 Part 3 14 3.1 Resources, Initiatives of business organizations and South Africa’s government policies 14 3.1.1 Resources and Initiatives of business organizations already exist in South Africa 14 3.1.2 South Africa’s government policies aid such initiatives (Include Financial, Marketing, & Human Resource issues) 16 3.2 Advices for businessmen 17 3.2.1 Business culture 17 3.2.2 Business notices 19 References 21 SOUTH AFRICA ESSAY Part 1 1.1 Introduction 1.2.1 The reasons why we choose South Africa * South Africa is a country of BRICS In 2010, South Africa began efforts to join the BRIC grouping, and the process for its formal admission began in August of that year. South Africa officially became a member nation on 24 December 2010, after being...
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...The country of South Africa, of the Republic of South Africa officially, is appropriately the southern most country on the African continent. South Africa prominently shares borders with Namibia, Botswana, Zimbabwe, Mozambique and Swaziland. The country also is unique in the fact that is completely surrounds the landlocked Lesotho kingdom. South Africa also has the advantage of having almost thirteen hundred miles of coastline on the Atlantic and Indian oceans. While just over half the size of Africa’s largest country, Algeria, South Africa is the 25th largest country in the world by land area, which equates to just under what would be two of Texas. The country also has a large population of approximately 55 million, which ranks them at...
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...MARKET ENTRY TO SOUTH AFRICA Bachelor’s thesis Degree Programme in International Business Autumn 2013 Chisha Mulenga ABSTRACT Valkeakoski International Business Management Author Chisha Mulenga Year 2013 Subject of Bachelor’s thesis Market entry to South-Africa ABSTRACT This thesis was made possible by the connect-project which was started in January 2012. The project's main objective is to support growth and speed up internationalization of Finnish renewable energy SMEs to developing countries. The purpose of this thesis was to concentrate on market entry, the entry modes, present status on wind energy sector in South Africa´s business culture ,the business environment, the current energy situation which will include small scale and large scale wind turbines. And also aspects on regarding the market entry which might make it possible for companies interested in doing business in South Africa, by finding out the possibilities of doing business there. So my thesis will shed a light on the Market analysis and the market entry strategies. The aim of this thesis is to get familiar with the wind energy market and to give Finnish SMEs the best recommendations on the further actions to be taken when entering this new market. Keywords wind energy, developing economies, market entry strategies. Pages 38 p. CONTENTS 1 INTRODUCTION ................................................................................................
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...economic management and structural reform are the drivers of Turkey’s long-run prospects (World Bank, 2010). Turkey’s high degree of integration with the world economy, through both trade and financial channels, resulted in the country becoming vulnerable to the impact of the global recession, with the economy contracting by 4.7% in 2009. That being said, the economy has now recovered to pre-crisis levels with growth reaching 7% in 2010, shown to be a larger growth than almost all European counterparts. Despite the economic and political expansion in the last 10 years, Turkey’s battle with corruption, unemployment, income inequalities, and the Kurdish problem have been risk factors for any business that considers investing. According to corruption rankings, Turkey was ranked below South Africa, and tied for a spot with Cuba (Transparency International, 2010). Sociopolitical Structure Turkey is a parliamentary democracy with a free market economy. Since legal reforms instituted in 1926, Turkey's judicial system has been based on the Swiss Civil Code, the Italian Penal Code, and the Neuchâtel (Swiss) Code of Civil Procedure. The 1982 Constitution guarantees judicial independence, and prohibits any government agency or individual from interfering with the operations of the courts and judges (Country Studies, 2010). The presence and the systematic implementation of these laws create an open path for Foreign Direct Investments; the intellectual property rights are also in favor of...
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...Lesotho Case Study “Market and Mountain Kingdom” Bob Terry 10/8/2012 Wk 7Assignment Globalization & Regionalization Globalization is international integration of cultures, people, products, beliefs, and much more. Globalization makes goods and services available to locations that originally wouldn’t have them. Some of my favorite restaurants are Brazilian Steakhouses like Texas de Brazil and Fogo de Ciao. These restaurants would not be offered in Denver Colorado without globalization. Globalization has increased greatly over the past century due to advancements in technology, particularly in transportation and knowledge sharing (internet). These technologies have ingrained globalization in the modern era. Regionalization is the economic integration of countries. Some good examples of these are the North Atlantic Free Trade Organization (NAFTA) and the European Union (EU). Both of these agreements take countries that are in similar regions and in certain economic ways. All countries in the EU have the same currency which creates certain benefits but has also created economic disaster for many countries involved. The goal of regionalization is to benefit all countries involved and become stronger globally as a whole. These two forces have had tremendous impact on the small African nation of Lesotho. Foreign influences have shaped Lesotho throughout history and currently determine their economic factors today. Most recently trade agreements have made Lesotho...
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...Assignment 1-Cultural Scanning South Africa is a country that is rich in cultures, values and customs that have been a part of our lively hood for hundreds of years. In your search for foreign expansion we know that you want to get to know more about our county before your company decides to settle on where to expand. In that understanding we will provide with an overview of our country and hope that we can be a great match for you and your company. Let’s start off with some fun facts about South Africa; South Africa believe it or not has 11 different official languages. English can be spoken though out South Africa and is used for administration purposes; some other languages include Afrikaans, Ndebele, Northern Sotho, Southern Sotho, Swazi, Tsongo, Tswana, Venda, Xhosa and Zulu. Since English is part of the 11 languages we will be able to communicate with you very easily. South Africa as the name implies is at the southernmost part of Africa with a population of over 42,000,000 people. Not only do we have different languages but different ethnic groups and religions. Ethnic groups include black, white, mix and Indian, religions consist of Christianity, Muslims and Hinduism. Religion is an important part of millions of people who live in this country since there is a variety of a religion South Africa is known as the rainbow nation and this is due to a variety of people, cultures and religions. There is no one specific religion that you are required to follow...
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...MARKET ANALYSIS FOR THE RETAIL INDUSTRY IN SOUTH AFRICA Contents Page Executive Summary 2 1. Introduction 3 2. Retail industry in South Africa 5 3. Macro and Micro environment analysis 6 3.1 Macro environment of Retail market in South Africa 6 3.1.1. Political Environment 6 3.1.2. Economic environment 8 3.1.3 Technological Environment 10 3.2 Micro environments analysis 11 3.2.1. Suppliers’ Environment 11 3.2.2 Consumers’ Environment 12 3.2.3 Competitors’ environment 15 4. Findings summarization 17 5. Conclusion 18 References 19 Executive Summary The purpose of the assignment is to develop the written and oral communication skills of marketing for business leadership students. The objective of the assignment is to aware students about the application of market analysis for the retail industry in South Africa. The retail industry effectiveness is dependent on the macro and micro environment analysis of the sector. The students of this group has done the analysis using different resources from South Africa statistics, Standard Bank, and other private consultancy reports that are listed in the reference list. According to the findings, South Africa’s economy is continuing in growth since 1994, which is after the democratic election that resulted from the failure of apartheid. During the regime of Nelson Mandela different improvement in poletical, technological...
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...South Africa © 2011 The International Bank for Reconstruction and Development / The World Bank 1818 H Street NW Washington, DC 20433 Telephone 202-473-1000 Internet www.worldbank.org All rights reserved. 1 2 3 4 08 07 06 05 A copublication of The World Bank and the International Finance Corporation. This volume is a product of the staff of the World Bank Group. The findings, interpretations and conclusions expressed in this volume do not necessarily reflect the views of the Executive Directors of the World Bank or the governments they represent. The World Bank does not guarantee the accuracy of the data included in this work. Rights and Permissions The material in this publication is copyrighted. Copying and/or transmitting portions or all of this work without permission may be a violation of applicable law. The World Bank encourages dissemination of its work and will normally grant permission to reproduce portions of the work promptly. For permission to photocopy or reprint any part of this work, please send a request with complete information to the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, USA; telephone 978-750-8400; fax 978-750-4470; Internet www.copyright.com. All other queries on rights and licenses, including subsidiary rights, should be addressed to the Office of the Publisher,The World Bank, 1818 H Street NW, Washington, DC 20433, USA; fax 202-522-2422; e-mail pubrights@worldbank.org. Additional copies of Doing Business...
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...An In-Depth Study of the South Africa as a Possible International Market Kimberly Buchanan Park University IB315 Spring 2013 Introduction South Africa is a country of contrasts: urban versus rural, white versus black, traditional versus modern. This country report will slowly peel back the layers of the country known as South Africa. It will begin by introducing the reader to an overview of the country that will include the demographics, major products, and factors that allow the country to be unique among other countries. It will, then, introduce the reader to the aspects of the culture of South Africa. Third, the report will provide information about the political and legal environment in South Africa. Finally, it will shed light on the economic environment of South Africa. Brief Overview of South Africa The Republic of South Africa is a country unlike any other. The changes this country has with stood, the demographics of its people, and the industries that are continuing to grow make for a wide array of factors that benefit the country of South Africa. Few countries are as influenced by as many cultures as the country of South Africa. The country was first influenced by the Dutch (Boers) traders who used a small section of the land as a form of refueling center during the trip to the Spice Islands in 1652 (Central, 2013). This “stopover point” was the establishment of the city that is now known as Cape Town (Central, 2013)...
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