...Taylor Covert (3/9/16)- ISP Country Analysis Report I. Country Introduction: Chile v. Peru Extending 2,880 miles down the western coast of South America, between the Pacific Ocean and the Andes mountains, is the remarkably slender country known as Chile. Due to its large geographical scale, encompassing 38 degrees in latitude, Chile has a range of climatic zones, from the arid Atacama Dessert in the north to the subtropical regions in the south. These diverse climates and topographies provide Chile with a wealth of natural resources including timber, iron ore, hydropower and most prominently, copper, an element known for its inherent ductility and electrical conductivity. Beginning in the mid 1960s, concurrent with China’s exploding GDP growth rate, the value of copper in the modern industrial market place began to soar due increased global demand. Chile, whose copper reserves account for 28% of the world’s total supply, experienced the positive economic impact from this increased demand, as seen through the country’s GDP growth of over 400% between 1970 and 2014, adjusting for inflation, (Appendix 1). Coupled with the solid GDP growth over the last 45 years, Chile was also able to establish strong institutions, an efficient government with relatively low levels of corruption, and solid macroeconomic stability, which subsequently established Chile as the most competitive economy in Latin America according the 2015 Global Competitiveness Report (GCR) (Appendix 2). Directly...
Words: 2514 - Pages: 11
...multinational strategy and to be well-known worldwide. The countries of potential choice are Mexico and Chile. The analysis has been done by comparing the overall information and in-details of each indicator. From evaluation of indicators of both countries, such as economic, social, legal and infrastructure, the analysis has shown that the economy of both countries are quite similar. However, the infrastructure, technological and legal environment seem to be better in Chile. As the Chilean government support the foreign investment in textile sector by promoting the education, technological development and the special policy especially for textile. For instance, tax reduction and promoting education in labour forces. Thus, Chilean labour forces would have the better off in comparison with Mexican labour forces. Another highlighted indicator in the country comparison - which the recommendation has inclined - is infrastructures. Both countries have the similar relative figures in number of infrastructure such as roadway, waterway and airports. But the infrastructure of electricity and internet/telephone networks seems to be at a higher level in Chile. The analysis of relevant regulations which affect Feltex’ direct investment in Chile shows that the company can gain a huge amount of benefits from the high integration in the international trading and investment framework. Chile is a member of the WTO and has signed several bilateral and regional free trade agreements. The country...
Words: 8704 - Pages: 35
...En 1994 un grupo de empresarios peruanos adquirió el Banco Internacional del Perú, con la visión de convertirlo en una entidad financiera líder en banca personal, al servicio del todos los peruanos. Este sólido grupo empresarial peruano está marcando la diferencia en rubros tan diversos como supermercados, con Plaza Vea, Vivanda, Mass y Economax, seguros de vida y accidentes con Interseguro, hotelería con Casa Andina y entretenimiento con CinePlanet, la cadena más importante de comida rápida en Perú, Bembos y en farmacias, la recientemente adquirida Inkafarma, entre otros. SPSA, inició sus operaciones con el nombre de Supermercados Santa Isabel S.A. en 1993. La cadena creció durante la década de los noventa mediante la adquisición de las cadenas Mass y Top Market, y el arrendamiento del supermercado San Jorge. Gracias a estas adquisiciones, Santa Isabel se consolidó como la segunda cadena de supermercados en el Perú. En 1998, el grupo Holandés Royal Ahold, tercer minorista del mundo, se convirtió en copropietario de Santa Isabel, y fue incrementando su participación hasta asumir el control total de la empresa en mayo del 2002. Bajo la administración de Ahold, la empresa lanzó exitosamente el formato de hipermercados Plaza Vea. A inicios del año 2003, Ahold tomó la decisión de vender sus operaciones en Sudamérica. El 11 de diciembre de 2003, el grupo financiero Interbank adquirió la totalidad de las acciones de Supermercados Santa Isabel, brindando a la empresa el respaldo...
Words: 4258 - Pages: 18
...Starbucks and Corporate Social Responsibility There is no doubt what a corporate giant that Starbucks has become, but at what costs? Due to the rise of Corporate Social Responsibility in the media, Starbucks has been a company under much media scrutiny within the last couple of years, as have many other corporate bigwigs such as Hershey’s, Nike, and Ben & Jerry’s. There as been an uprising of ethical conflict facing the Starbucks in Chile that not only has impacted their economy, but their employee morale. It has had an adverse affect on the company and consumers both here in the Unites States and abroad. The ethical conflict facing Starbucks in Chile is that is the fact that their workers, whose wages start at a mere $2.50 an hour are so low that they cannot even buy themselves lunch. The wages have not increased in eight years there according to one supervisor. There was also concern around healthcare benefits that were not being offered by the 30 Chilean Starbucks locations. Due to these unfair conditions, a union was formed to increase the benefits of the Starbucks employees. Obviously due to these conditions, the employee morale could not have been good if they were proposing a strike against the store and had a willingness to walk out unless certain terms were agreed upon. By having wages that were so low and only being offered two free coffees a day, I am positive that the employees felt no sense if purpose or value to the company. In regard to the economic...
Words: 754 - Pages: 4
...individuals within a culture (Locker & Kienzler, 2010, p. 140). There are many topics that are to be considered when assigned to Chile beside the language barrier. History of Chile Chile is surrounded on three sides by virtually impassable mountains and remained largely unknown to the outside world until the middle of the fifteenth century, when the Incas began their great conquests of much of the continent (www.geographia.com, 2010). The Incas encountered the Mapuche, one of the three Araucanian peoples who occupied the Rio Maule in the Lake District. The Spanish landed in 1541 and in February, Pedro de Valdivia, founded Santiago. In 1817 Chile gained independence from Spain after seven years of war. General Augusto Pinochet Ugarte seized control of the government with help from the United States Central Intelligence Agency in 1973 and maintained control for the next decade and a half. Population Chile's population is composed predominantly of mestizos, who are descended from marriage between the Spanish colonizers and the indigenous people (www.geographia.com, 2010). The major ethnic groups in Chile are Mestizo (mixed Native American and European ancestry), which comprise 66 percent of the population; Europeans, which compromise 25 percent of the population and Native American who make up 7 percent. Literacy is very high in Chile, and the majority of the people are Roman Catholic (www.historycentral.com, N.D.). As of July 2002 the population was 15,498...
Words: 1622 - Pages: 7
...delivered to ensure that the messages were received as they were intended for each audience. Addressing the Audience Everyone experiences fear in their own way, but the thought of being trapped half a mile underground, 2600 feet, almost 900 meters is a terrifying thought for anyone. The miner’s from the San Esteban Mining Company lived through the fear of claustrophobia for 70 days in almost complete darkness. It took 17 days before the miners were discovered to be trapped and still alive. The miners made two days of food and water last 17 days. The miners were discovered through constant attempts from their Company digging trying to find the miners exact location. In August of 2010 this story has all of the world’s attention on Chile. The San Esteban Mining Company understands that any error could have further negative effects to the future of their business. The mining company must understand the audience with which they are dealing with. The company must address the...
Words: 1011 - Pages: 5
...On a fall morning, 33 miners left for work, kissing their loved ones good-bye, not thinking that would be the last time they would see them for over two months. That afternoon the earth gave way crumbling on top of the miners, destroying any ventilation they depended on, not to see any signs of hope for anyone until 17 days later when a drill hit an opening allowing the rescuers to tie notes advising they were all fine. A plan immediately went into effect to rescue the miners. Given the situation there are many types of roles and people to consider. Thinking about the family is first and foremost. There will be many lives that will be affected when addressing the families of the victims. Who will tell the family, how, making sure the tone of voice is proper and who must be present. Second, the other employees not involved in the collapse must be addressed. How will it be addressed to the employees, what must be told to them, what must be kept confidential and how to move forward. This also holds true for the media of any sort. Knowing each of the audiences is critical to deliver the most effect message. The person must be of sound mind, as much as possible under the circumstances. Respectful, persuasive, and truthful but never manipulative when delivering the facts. What would be the potential needs of the families of the miners in receiving a message about this incident? The needs are going to be great, and there will be several questions from the...
Words: 1776 - Pages: 8
...Part One: The Chile Wine Industry The Chilean wine industry has experienced various transformations over the past 30 years – its quality revolution led by the complete technological renovation during the 1980s, the export boom of the 1990s, and the new terror developments during the 2000 decade. This transformation has allowed a new generation of talented viticulturists and winemakers to capitalize on Chile’s viticultural paradise and to produce World Class Wines of unique character and personality. Chile is the world’s eighth largest wine producer and the fifth largest exporter, reaching a market share of 8% by volume of the global international wine market at the close of 2010. However, and most importantly, Chile exports 70% of its wine production, making it the world’s most globalized wine industry, with great flexibility, innovation and a long-term commitment to quality and service. With 150 destination countries and 1.5 billion consumers for each year, Chilean wines are positioned as the country’s most emblematic and best known world ambassador. In the late 1970s and early 1980s, Chileans adopted advanced technology and invested in new machinery for optimizing the winemaking process in the field. The winemaker offered an innovative higher-quality product that was conducive to the development of new wine varieties. Later producers also perfected their wine cellars and invested in better labels and packing, such as boxes, bottles and cartons, that were more attractive to...
Words: 1518 - Pages: 7
...Chilean Copper Mine Collapse Chilean Copper Mine Collapse A small copper mine in San Jose, located in north Chile, collapsed trapping workers underground. The mine collapsed on August 5th, trapping 33 workers in the mine. The coverage of this mine collapse came two long weeks after the traumatic event. Initially the incident did not catch any news worthy attention. Mine collapses are pretty common but the accident finally caught the interest of an editor, and then it went viral from there. The mine is approximately 300 meters deep. Rescuers had to drill a second hole to locate workers but there was no confirmation of any active life underground in the initial survey of the situation. There was a limited supply of what the miners would need down there such as water, food, and oxygen and it had been 4 days since the mine collapsed. There was a lot of speculation as to whether workers would be alive down there with the limited resources but rescuers worked at a non-stop pace to get to the trapped miners in hopes that there were survivors. A second cave-in the Saturday after the initial collapse, delayed rescuers for approximately 3 additional hours before they could resume their rescue efforts. The accident trapped workers for over two months at depths up to 2000 feet below ground. A tunnel gave way and the story was seen around the world as a miracle. The worldwide coverage was intense showing every detail of what Chilean Copper Mine Collapse Chilean...
Words: 1162 - Pages: 5
...Simons 1 Peyton Simons Mr. Bruhnke English I 19 April 2013 Heartbreak--Real or True? In many ways, we are the love of one's own life. Many times, we forget ourselves even when we neglect ourselves for another. Pablo Neruda and Derek Walcott explain their heartbreak in many different ways, but also in similar meanings. Walcott's way of explaining his heartbreak after love is powerful, appreciated, and understood. For example the "mirror" that a person owns represents not only a literal mirror, but also the "mirror" to a person's soul. Mirrors can be two-sided and for those who stare too long at one side (or one love). Walcott appears to cope with heartbreak by realizing reconnecting and learning to love yourself, only then can you truly love someone else. Walcott believes that one must embrace two sides as they are both equally important to who they are. Neruda appears to not cope as well as he ends his poem. For example, when Neruda writes "Though this be the last pain that she makes me suffer and these the last verses that I write for her", this effect on the reader is powerful in one swift moment. Neruda does end up surviving the heartbreak and realizes that he is better without her. He appreciates the highs of the relationship and she will make him suffer no more. Simons 2 The strong imagery and literacy devices used by Walcott is much more descriptive in my mind. One that stands out is the example of the mirror and the enhancing one's own image is far more...
Words: 386 - Pages: 2
...Knowing Your Audience Paper and Communication Release Liliana Davalos BCOM/275 July 1, 2013 Otha Starr Knowing Your Audience Paper and Communication Release Because every audience is different, communication must be designed according to the circumstances, to take considerations of the needs of potential receivers of the message. When communicating to anyone, the roles of the people, and the audience should be considered to guarantee the successfully code and decode of the message. An inadequate misunderstanding of your audience can lead to a poor delivery of information. During the unfortunate event at the Chilean Copper Mine Collapse the most important consideration to anyone in the audience was to hear the wellbeing of the miners. The families of the miners and the employees of the company must receive the message differently, according to their needs and persuasion of the situation. Some precautions must be placed before the messages are share to family members, company employees, and media. When communicating tragedy news with family members, the company must deliver the information of the mine collapse with an extreme level of tact, clarity, hope, and assurance that their loved ones will survive this incident. Once the family members are receiving information about the situation is extremely important to keep updating continuous information about the situation, family members need to keep high hopes of their loved ones survival is important to them...
Words: 1013 - Pages: 5
...Global Immersion Trip Chile A Report by Vinod Jayakumar Traditional MBA 2013 Pre-trip Excited about visiting a South American country for the first time, I started my journey to Santiago De Chile from Miami on March 2nd, 2012. To start with, I was skeptical about the quality of a Chile based airline. But, I was amazed by the excellent service provided by LAN airlines. My perception about a Chilean company changed then and there. Also, prior to my flight I doubted whether the officials in the flight will understand English (even though we were assured by the Professor that there wouldn’t be language problems during the travel) and my doubts didn’t fructify. In fact, the quality of the food given to us in the plane set up a high expectation for my one-week long stay at Santiago. Day One After watching the Pirates of the Caribbean – At World’s end, a movie which I have been craving to watch for a long time, and a couple of hours of pleasant flight, we landed in Santiago on time. As soon as the automatic door swung open letting me in to the airport, I noticed a group of people standing before a counter that was used to collect a reciprocity fee. The notice board before the counter showed “US - $140”. As I didn’t fully understand what a reciprocity fee is and since I was coming in to the country from US, I stood at the back of a very short line counting my $140. When my turn came, I was pleasantly surprised to find out that it applies only to US Citizens and that it...
Words: 3138 - Pages: 13
...Plan de Empresa “INVERSIONES EDITORIALES S.A.” Autores: Ann Roach González. Mirka Segovia. Daniel Acuña. Profesor Tutor: Piero Moltedo P. 2005- Resumen Ejecutivo Sector industrial: Se distingue el sector industrial como atractivo, dado que la demanda por sus productos se encuentra en crecimiento, ya que la tendencia es comunicarse con los distintos clientes que tenga la empresa. Los clientes de este Sector son las personas y empresas, para Inversiones editoriales, los últimos pasan a formar parte de la gama de consumidores que la empresa pretende abordar como mercado meta, por lo cual se analiza el entorno, a través de métodos como el modelo sectorial de Porter, barreras del sector industrial, el mapa de posiciones competitivas, un análisis FODA, los factores críticos de éxito y las unidades de negocios a desarrollar; para concluir con las posibles herramientas con que cuenta la empresa para potenciarse y enfrentar los desafíos del mercado. Situación de la Empresa en el Sector: Inversiones Editoriales, presenta una buena imagen en el sector, con una variedad de productos, que han ido creciendo paulatinamente de acuerdo a lo que sus clientes demanden. Esto manifestado por un análisis en las unidades de negocios; diagnósticos de: Marketing, Finanzas, Recursos Humanos, Servucción; Cadena de Valor; matriz BCG y la...
Words: 7187 - Pages: 29
...Analysis & Recommendations We estimate the range of values for the 48% common equity stake of ACS to be between $647 to 684 million under the Damodaran Modified World CAPM approach .This range of values is based on WACC values that range between 6.74% and 7.03% when the cost of equity capital is calculated using the Damodaran Modified World CAPM. At these valuations, the range of the total value of the 100% common equity of Autopista Central goes from $1.3 to 1.4 billion. This range of values is significantly higher than the amount of invested capital in the project of $813 million (including subordinated debt). Besides the fact that asking for an initial high price is a good idea in negotiations, we believe that ACS should ask for the highest value obtained in the Damodaran Modified World CAPM model or $685 million. This is recommended because we believe that Abertis and Santander should pay a control premium of 10 – 20% given the macro economic conditions of the time and the strategic value that the Autopista Central asset means for each prospective buyer. If we apply the 20% control premium to the highest range of the EHV based valuation of $556 million, we obtain a value of $667 million. This value is within range that ACS will be pressing to use under the more favorable discount rate that using the Damodaran Modified World CAPM provides them. Abertis, who is an expert in managing existing toll roads, would presumably be able to generate cost synergies if not...
Words: 892 - Pages: 4
...corruption among countries or territories. The ranks and scores are widely used to evaluate the abuse of the public power. The index is measured by numerous institutions from a variety of assessment and surveys of corruption. The scale of scores is from 0 to 100, to be specific, 0 means a country has a high level of corruption and 100 means a country is very clean. Both Australia and Chile have a steady ranking between 2010 and 2012. In 2012, Australia scores 85 and ranks 7th; Chile scores 72 and ranks 20th. The two countries both have a higher CPI; however, the CPI of Australia is higher than that of Chile obviously. There are some reasons related to the different ranking. The Australian government provides essential and adequate training to officers and officials about the severe consequences of corruption, which is an effective measure to prevent corruption. In addition, Australia established Corruption and Crime Commission (CCC) which is the leading anti-corruption body in Australia. CCC supervises public sector agencies and officials to comply rules and laws, thus avoid corruption. Chile has a better reputation of transparency and higher CPI than any other countries in Latin America. This because Chilean government attempts to improve anti-corruption and transparency. In 2009, Chilean transparency law goes into effect, and it requires all public sectors to publish information on incomes and expenditures timely. However, it still needs to strength and complete the related...
Words: 486 - Pages: 2
