...Team case analysis Group 1: Rion, Anna, Eva, Helen, Tyrion, Feras Case 1.“When in Bogota…” Case summary. Jim Reynolds, an acquisition editor for Academia Press (college-level business textbook publisher) has arrived from New York, USA to Bogota, Colombia. He was intended to combine leisure and business. He met his old college friend Rodrigo Cardozo and spent some good time his family. But his primary aim was to conduct a series of meetings with directors of business schools at various Bogota Universities and establish business contacts in the Colombian market, as his company has seen future opportunities in Latin America. The deal was important not only to his company, but for him also, as it was a good possibility to get a promotion. He scheduled the meeting and went for the first one on Tuesday. He was supposed to meet 3 professors at 11:00, but two of them arrived half an hour later. Then they offered Jim to go for a lunch, during that time they were not discussing the business matters at all, all the conversations were about the dishes and the sights of Bogota, the professors seem to be simply not interested in Jim’s offerings. The lunch finished at 2:30, but Jim hasn’t accomplished his goal at all, he was didn’t understand what went wrong and very upset about it. When he came to his friend’s home later, he met friend’s father Dario, who was a businessman and had conducted business with people from different countries. He told about the meeting and asked for the advice....
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...Peace is defined as “a state of tranquility or quiet” (Merriam) but as well is “a state or period of mutual concord between governments” (Merriam). Colombia has been trough for 52 years of armed conflicts between the Colombian government and the FARC (Revolutionary Armed Forces of Colombia). Also, these years of conflict have been affected the lives of Colombians, living immense rates of rapes, dies, kidnaps, extortion, and production and distribution of illegal drugs (The Economist). In 1964, the Marxist Guerrilla was established as a communist and pro-rights movement to fight against the violence and the corrupt government in Colombia. Time later, the FARC’s behavior of anti-imperialism, that fought in favor of justice and equality, was corrupted...
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...Relations November 30, 2013 Colombia and its government Colombia is a small country located in South America. This country has suffered with different problems related to education, economy, a civil war and drug trafficking for many years. It is better now than it has been in the past but the problems are still there. The government of a country is its nucleus, the only way in order to achieve stability. If the country has a good government that knows how to manage it they would reach the “well-being” of its people. A good government in Colombia is the only thing that can make their problems disappear. The government had enhanced a lot over the years but they still need to improve very much. Education should be looked as one of the most important things in everyone’s eyes. The kids are the future of the country. They can be presidents, part of the government, doctors, lawyers, etc. In their hands is the future and that’s why they need to know what they are doing. Beginning with the fact that Colombia has a democratic government, it means that the civilians get to choose their president. The person that would represent them and would make important choices for the country. In order to make a great vote education is completely necessary. The people that are not educated vote because the things that they gave them when they were on campaign or because they think that one candidate is handsome than the other. Jalil 2 The public education in Colombia was really bad. The teachers...
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...Juan Hernandez Prof: Anna Krift Global Crisis in Response Feb 16 2014 Colombia´s conflict For many years Colombia has been characterized as a country of drugs and violence marked by internal conflict that lasts until today. This conflict has claimed the lives of about 2 million people, which the population of Colombia today is 47 million, within that internal war has killed 4,2% of the current population (NoticiasCaracol,1). It is a very high percentage with regards an internal war of 60 years. That's why Colombia has suffered from armed conflict for several years and it has negatively impacted the country's development. To understand the issue it is necessary to see the origins of this conflict and also how this has affected the country. The conflict dates back to 1946 when it began a civil and political conflict between supporters of the Liberal Party and the Conservative Party for taking control of the State Power. But the outbreak was the assassination of the Liberal presidential candidate Jorge Eliecer Gaitán. Gaitán was the leader of poor agricultural producers and represented the interests, created jobs and economic opportunities for them to take advantage (Downing,1). But since the death of Gaitán, farmers lose their representation in politics and its future had been vanished. Because of the economic problems and tensions between liberals and conservatives, Colombia entered a period called "La Violencia " (The Violence) which lasted from 1948 to 1960 until they...
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...the two-hour exam. You will also have 20 multiple choice questions (40% of the exam score – worth 2 points each, for a total of 40 points). As with the midterm, the essay will provide a hypothetical scenario of a company that is considering making an investment in a Latin American country. (You will not know the industry of this hypothetical company until the exam.) You will be asked to assess any TWO of the countries that we have covered since the midterm: Mexico, Costa Rica, Chile, Peru, Venezuela, and/or Colombia. The format will be identical to what you saw in the midterm, as follows: a) provide an assessment of prospects for the continuation and sustainability of market-oriented economic reforms in [ANY TWO COUNTRIES OF THE LIST COVERED SINCE THE MIDTERM]. (NOTE: In your answer, you should use the Packenham Model as a framework for your analysis. Don't just summarize Packenham, however; USE the model to assess prospects for specific current and future market-oriented economic reforms in both countries. Also, make reference to lectures/other readings, where relevant.) [MAKE SURE TO DISCUSS BOTH COUNTRIES FULLY.] AND b) discuss any other factors that might be relevant to [THE COMPANY’S INVESTMENT PROJECT], such as possible locations within the country, demographics (age of population and market size), free trade agreements, prospects for a currency devaluation, bargaining, culture, etc. NOTE: you would not need to discuss all of these factors, just as...
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...Hans Hahn Summer Semester 2014 Cultural Dimensions of Geert Hofstede: Analysis of Colombia 10.06.2014 Soraya A. Suarez I. Register Number: 969800 Darmstädter Landstr. 64 60598 Frankfurt Tel: 0176- 708 59654 E-mail: sorayasuarez@gmail.com Cultural Dimensions of Geert Hofstede: Analysis of Colombia 2 Content 1. Introduction............................................2 2. Culture.................................................3 3. Colombia................................................5 4. Cultural Models and Cultural Dimensions.................9 4.1 Geert Hofstede's Cultural Dimensions.................9 4.1.1. Power Distance Index...........................10 4.1.2. Uncertainty Avoidance..........................12 4.1.3. Individualism vs. Collectivism.................13 4.1.4. Masculinity vs. Femininity.....................15 4.1.5. Long vs. Short-term Orientation................16 4.1.6. Indulgence vs. Restraint.......................17 5. Conclusion.............................................20 6. References.............................................21 Table of Figures Colombia Facts & Figures...................................6 Colombia Location, Flag and Coat of Arms...................8 Colombian Population According to Ethnocultural Identity..11 Colombian Culture through the 6-D Model...................13 Cultural Dimensions of Geert Hofstede: Analysis of Colombia 3 1. Introduction With the arise of globalization, the issues about cultural dimensions...
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...Global Business Plan Week 7-Final Draft Subway in Colombia 04/15/2012 Table of Contents Content Page Number Table of Contents 2 Executive Summary 3 Module 1: Identifying Global Opportunities 4 Module 2: Analyzing International Competitors 7 Module 3: Assessing the Economic/Geographic Environment 10 Module 4: Assessing the Sociocultural Environment 13 Module 5: Assessing the Political Legal Environment 15 Module 6: Selecting a Global Company Structure 18 Module 7: Financing Sources for Global Business Operations 22 Module 8: Creating a Global MIS (Management Information System) 25 Module 9: Identifying Human Resources for Global Business Activities 27 Module 10: Managing International Financial and Business Risks 29 Module 11: Product Target Market Planning for Foreign Markets 31 Module 12: Designing a Global Distribution Strategy 32 Module 13: Planning a Global Promotion Strategy 36 Module 14: Selecting an International Pricing Strategy 38 Module 15: Determining Organizational Financial Results 41 Module 16: Measuring International Business Success 42 Conclusion 43 Bibliography EXECUTIVE SUMMARY (Created by John Isles) During the course of this business plan, many of the benefits of opening up a Subway restaurant in Colombia will be illustrated. Among the first items presented will be an analysis of startup costs. After a brief summary of the initial costs required, these...
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...Starbucks goes to Colombia Starbucks the biggest coffee shop in the United States decided to expand their business to Colombia. Starbucks goal is to open around 50 stores by 2019. This is bringing a lot of positive and negative feedback to the Company Starbucks and to the country Colombia. This is happening because Starbucks will be competing with the biggest company shop of coffee in Colombia. According to the article Starbucks to Invade Colombia, Home of Juan Valdez, the Iconic Coffee Man by John Otis, says “Starbucks’ decision comes at a low point for Colombia’s coffee industry. Growers are struggling to recover from massive flooding, diseased trees, diminished yields, cratering international prices and an overvalued Colombian peso that reduces the value of coffee exports.” So this might help the country economies. At the same time the competition might also have a high risk of failure to take their market to the biggest country of coffee because Colombians are not so happy with the decision of taking an American coffee to their country while they already have a great one. Also according to the article As Starbucks heads to Colombia, growers have grounds for regret says that 18,000 coffee farmers, declined the offer of Starbucks which according to the University in Miami might be a big mistake to the Colombia coffee farmers. The article also mentions the comments from the CEO of Juan Valdez, he says that he welcomes the company Starbucks to the country, he mentions that this...
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...FAO Experience Track Sample Essay The perspectives I have of Latin America were developed over 18 years of immersion as a local. Social awareness, familiarity of speech, understanding of issues that matter in the region vs. issues important outside of the region are second nature to me. I was born and raised in Colombia, and finished high school in Panama. The political environment of Colombia and Panama shaped my cultural awareness and political understanding of these two countries’ overall climate as well as neighboring countries in the region. My understanding of Latin America is complemented by 23 years in the United States, including 21 years of service as a Marine. The Marine Corps has a culture all its own, which I understand well through 7 years of enlisted and 14 years of commissioned service. My first-hand exposure and experience in foreign countries have left a continuing personal interest in following social and political events in Panama, Colombia, and Latin America as a whole. I follow significant events pertinent to the region. Many have impacted the economy and security of the United States as well. The transition of operations and management of the Panama Canal to Panama in December 1999, and current efforts by President Santos against the FARC are among them. The transition of the Panama Canal and its surrounding territories marked a historical event for Panama and the U.S. Panama’s political position strengthened in relation to its Latin...
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...powerful illegal drug trafficking organizations operating in the United States. The Norte Valle Cartel was based off of the Valle del Cauca of Colombia, but smuggled tons of cocaine into the U.S. The estimated amount of cocaine exported weighed roughly 500 tons and racked in an estimated amount of $10 billion dollars since the mid 1990s. With the financial cushion the organization did buy many informants and influenced many high priority officials that would even give escorted security against any enemy organization that would try to rob them. The Norte De Valle Cartel was brought together after the downfall of the Cali Cartel where the former leaders who were not in custody banded together. Ramon Quintero Sanclemente was regarded as a high-ranking member of the Norte Valle Cartel and was even given a capture reward of $5 million dollars. He was also held as one of the top 10 most wanted DEA drug traffickers in the world. He was regarded as one of the last known leaders of the organization and a major Mexican drug cartel asset who helped import large amounts of top quality cocaine into the United States approximately 50 metric tons. II. FINDINGS Back in 2007, the FBI captured the Norte Valle Cartel’s kingpin Diego Montoya Sanchez. Sanchez, also known as “Don Diego,” was captured by the army in the Cartel’s stronghold in Colombia. Sanchez had been on the top ten of the FBI’s most wanted for exporting tons of cocaine to the United States. His arrest came in the midst of a...
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...MODELS OF MEDIA STRUCTURE AND PERFORMANCE AND THE MEDIA IN COLOMBIA Communication institutions April 25. 2012 Adele Alandete 327164547 Mr. Eran Naot Sammy Offer School of communication, The IDC, Herzelia This paper aims to present, the way the different theories of media structure and performance, can be applied to the media in Colombia. In this specific case the development media model and to a lower extent the social responsibility theory will be studied. Colombia has a free market economy with major commercial, and investment ties to the United States, the European Union, Venezuela and China. Colombia's wealth comes from a number of sources. It is rich in natural resources and agriculture. Colombia has the fourth largest economy in Latin America, but income and wealth are unevenly distributed. Only 13.8% of total income is allocated to the poorest half of the population, while the wealthiest 10% of the population benefit from 46.5%. Media holders are off course in this 10% percent of the population, and because of their economical power they strongly influence politics in the country. Colombia has two main political parties; liberal and conservative, almost entirely controlled by these few families. Each political party makes sure to reinforce themselves through the media outlets they own. Political end economical elites however make great efforts promote social...
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...Introduction Colombia is a country with a vast history that is most associated with drugs and violence. This started with the influx of drug trafficking in the 1970s. This has allowed drug cartels and guerilla militias to flourish since then to the present time. In the sections below, I will show how current events and threats have occurred and will conclude with my short and long term assessment of what the state of Colombia will be in the future. Current Events Even though President Juan Manuel Santos, the President of Colombia, has been undergoing peace talks with the FARC in Cuba, there has still been ongoing attacks by the FARC that continue to make negotiations difficult. This was the fourth attempt at peace talks between the FARC and...
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...Institutional, and Cultural Context of Colombia Michael N. Yuede Missouri State University Abstract This paper studies the Colombian culture and how it affects business relations. First, the Colombian country is explored, examining the geographical location and environment, demographics, economy, religion, and the historical, legal and ethical, and social context. Geert Hofstede’s, Fons Trompenaars’, and GLOBE’s models of national culture infer ways to behave in any given culture, and in this case, Colombia. Differences can be seen between the United States’ and Colombia’s culture after exploring the models, suggesting ways to adapt to the new culture and act appropriately in a business environment. After studying the models, the cultural descriptions and aspects, including Colombia’s collectivistic and high power distance nature, give future managers and expatriates the implications necessary to become legitimized in the eyes of other businesses and the government. Additionally, the implications help predict employee behaviors and motivators, as well as human resource management policies that should be implemented into the business. However, in order to fully understand the Colombian culture, an individual must live in that country for a period of time to experience the culture first hand. Environmental, Institutional, and Cultural Context of Colombia In order to better understand how to interact in a business environment in Colombia, it is important to know about the...
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...FAO Experience Track The perspectives I have of Latin America were developed over 18 years of immersion as a local. Social awareness, familiarity of speech, understanding of issues that matter in the region vs. issues important outside of the region are second nature to me. I was born and raised in Colombia, and finished high school in Panama. The political environment of Colombia and Panama shaped my cultural awareness and political understanding of these two countries’ overall climate as well as neighboring countries in the region. My understanding of Latin America is complemented by 23 years in the United States, including 21 years of service as a Marine. The Marine Corps has a culture all its own, which I understand well through 7 years of enlisted and 14 years of commissioned service. My first-hand exposure and experience in foreign countries have left a continuing personal interest in following social and political events in Panama, Colombia, and Latin America as a whole. I follow significant events pertinent to the region. Many have impacted the economy and security of the United States as well. The transition of operations and management of the Panama Canal to Panama in December 1999, and current efforts by President Santos against the FARC are among them. The transition of the Panama Canal and its surrounding territories marked a historical event for Panama and the U.S. Panama’s political position strengthened in relation to its Latin American neighbors...
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...illegal drug production and consumption, as well as the war against terrorism has plagued the world for more than a decade. In particular, the United States has faced multiple terrorist attacks and the issues of drugs continues to put a damper on society within the country. The nations of Latin America are greatly affected by the tragic effects that occur within their powerful and influential neighbor. History shows that the nation of Colombia has had relatively friendly and cooperative relations with the United States. In result of the events that have occurred globally and within the U.S., the country of Colombia has vowed itself in alliance to the superpower. The cooperation when it comes to the war on terror and drugs...
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