...Spain Country Report Feb. 14, 2013 Doing business in a foreign Country can be a very difficult thing to do if you are not familiar with proper business etiquette in the Country in which you are doing business. It also helps to have a good understanding of family life and the culture, ad well as social customs in the new country. This report will tell you, our valued employee’s, how to be successful in Spain, the home of our newest expansion branch. The figure to the left shows the current trends in the unemployment rates in Spain compared to the US, Portugal, and the UK. It is very important with the constant rise in unemployment in Spain that you go to the new branch prepared and therefore everything in this report should be considered important. Business Etiquette The first thing that you need to know when doing business in Spain is how to properly introduce yourself in a business setting. The most common and accepted way to professionally introduce yourself in a business setting in Spain is with a firm handshake with direct eye contact being kept throughout the gesture. Men should wait for women to extend an offer to shake hands if she wishes. When verbally addressing people in the business setting “Try to address people by their title and last name until invited to do otherwise.” (Coleman, 2011) For people in Spain, calling them by their title and last name is a sign of respect and this will go along way with them. These are two small things that will gain you the...
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...Spain Spain and its brief History Spain was first called as Iberia, name give by its inhabitants from North Africa. The name was given after the river Iber. When the Greeks arrived on the Spanish soil they called it Hesperia meaning ‘land of setting sun’ and when the Carthaginians took over the land they named it Ispana meaning ‘land of rabbits’. When the Romans arrived they named the land as Hispania and later on this became the present day Spanish name Espana. Spain was initially controlled and ruled by the Roman Empire for three hundred years. Later on a group of people called Visigoths fought with the Romans, defeated them and ruled over Spain for more than two hundred years. Spain, officially known as Kingdom of Spain is a sovereign state and a member of the European Union. Spain is located in the Iberian peninsula in Southwestern part of Europe. Spain has an area of 505992 sq kilometers, making it the 2nd largest country in Western Europe and the 5th largest in Europe. Spain is a democratic country with a parliamentary government under constitutional monarchy. It is the 13th largest economy in the world in terms of nominal GDP. According to a survey in 2012, total population in Spain is 47.27 million and its official language is Castilian Spanish (spoken by 75% of the population). Spain is located in Southwestern Europe bordering Mediterrainian Sea, North Atlantic Mountains, Southwest of France, Pyrenees Mountains and Bay of Biscay. ‘La Tomatina’...
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...[pic] Porter’s Diamond Analysis of Spain (Topic 8) Manuel Gall 6 Elboden Street 7004 South Hobart mrgatt@postoffice.utas.edu.au Strategic Management University of Tasmania Dr. Dallas Hanson Submitted on October 23, 2012 Introduction: Porter (1990) raised the question: “Why does a nation become home base for successful international competitors in an industry?” According to porter’s diamond, the answer lies in four elements, namely the factor conditions, the demand conditions, the related & supporting industries and in the context for firm strategy and rivalry (Fisher, Hughes, Griffin & Pustay 2009). These four factors interact in a self-reinforcing system that essentially determine a nation’s international competitiveness. This theory can be classified as a hybrid between the classical country-based trade theories[1] that emphasise the country’s factor endowments and the more modern firm-based theories[2] that focus on the action of individual companies (Fisher et al 2006). Spain is ranked as 36th out of 144 countries in the actual WEF[3] Global Competitive Report (2012). Thus, it is classified as innovation-driven economy that has reached highest development stage. However, the recent financial crisis has hit Spain, that suffers since years under a structural deficit, on the wrong foot (OECD[4], 2010). As a consequence, Spain recently has had trouble to finance its debt over private capital markets and is dependent...
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...SPAIN COUNTRY REPORT 1. SPAIN – COUNTRY OVERVIEW Country Administrative information Official Country Name Kingdom of Spain Capital Madrid Government Parliamentary monarchy President of the government (current) Jose Luis Rodriguez Zapatero Demographic Factors Population (2010) 46,030,109 Median age 40.5 years Religion Predominantly Roman Catholicism Economic indicators Currency Euro(EUR) Real effective exchange rate index Base: 2005(100) Inflation rate 3.5% (As of May 2011) GDP per capita (2010) 30,782(US$ at PPP) Unemployment rate (2010) 20.1% Real GDP growth (2010) -0.1% 2...
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...José Francisco Rosselló Solivellas César Jimeno Campos Jose Antonio Rodríguez Cuenca Ernest Llofriu Palou INTRODUCTION ................................................................................................. 3 EXTERNAL ANALYSIS ...................................................................................... 3 MACRO ENVIRONMENT ................................................................................... 3 Economic'factors'and'tendencies'....................................................................................................................'3' Environment'factors'and'tendencies'.............................................................................................................'4' Technological'factors'and'tendencies'...........................................................................................................'7' Demographic'factors'and'tendencies'............................................................................................................'8' Social'and'cultural'factors'and'tendencies'.................................................................................................'9' Political'and'legal'factors'................................................................................................................................'10' MICROENVIRONMENT .................................................................................... 13 Competitors'.....................................................
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...------------------------------------------------- A Critical Evaluation of the Management Environment of a Country ------------------------------------------------- The management Enviroment- 7BSP1248 Word Count: WORD LIMIT: 2000 Table of Contents Introduction 3 Critical Analysis of the Tools Implemented. 4 Key Factors Affecting Spain’s Management Environment 4 Tools Put to Use 5 Conclusion 6 References 6 Introduction In the world of today, a numerous amount of issues can affect a certain country in many different ways. The managing environment of the country is essential to the evolution of the country in the rapidly changing environment the world is experiencing. This environment in which the management operates in Spain will be critically reviewed using various tools of analysis to better comprehend the situation in which they currently exist. Some of the key factors that affect the management environment of Spain is the political situation the country faces currently, ongoing corruption has played an essential part to the population change including drastic changes within the country. Poor government which affects the countries economy which it has experienced for the past two years, hindering younger generations finding jobs which convinces a lot of individuals to leave the country to find a better life elsewhere, is also a driving factor for the problems it currently faces. As the (World Bank 1997) defines corruption as the “abuse of public power...
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...Proceedings VII World Avocado Congress 2011 (Actas VII Congreso Mundial del Aguacate 2011). Cairns, Australia. 5 – 9 September 2011 AMAP Avocado Marketing and Promotion Working group (former name: AMAPWG) Unique model of global co-operation Presented by: Gabi Naamani Agrexco Tel-Aviv, Israel Sept. 2011, Cairns, Australia AMAP – Unique model of global co-operation Gabi Naamani, Agrexco Tel-Aviv AMAP (former named AMAPWG) – Avocado Marketing and Promotion Working Group - is voluntary organization of Avocado producers and exporters from numerous countries that identified “Mutual interests in developing the Avocado consumption”. The main goal is to develop and extend the Avocado consumption in Europe, along with inspection on domestic markets of the members (plus other markets as well), where applications from one field can be learnt and applied in other. AMAP is a unique model with special inspiration: “Cooperation of competitors” from all over the world, with common understanding that it is much more beneficial “to act together on enlarging the cake than to fight on its slices”. This basic idea was firstly discussed at informal meeting of various exporters during the '4th World Avocado Congress' (Uruapan, Mexico 1999), where it was agreed to meet once a year and to modify numerous existing connections from being 'bi-lateral' to be 'multi-lateral'. Further many steps, for tightening the relationships, were taken in the past dozen years. Nowadays, there is permanent...
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...four-year college loan provider. But it is a different matter for an entire nation to be deeply buried in debt and unable to repay it. When a country drowns in debt, the government of that country usually seeks austerity as the major remedy of overcoming its debt crisis. Austerity promotes slow growth, and this actually makes the situation even worse due to the fact that world economy has become more open and integrated. In today’s world, there is no nation that exists in economic isolation. Every countries almost all the economic aspects- its education, health service, industries, service sectors, levels of income, and employment is integrated to the economies of its adjacent countries. This linkage plays a very important role in the global movement of goods and services, labor, investment funds, and technology. That is, when a country defaults on paying its debt, it not only affects the country in default, but also initiates a global economic crisis. In my research paper, I will tell the tale of eurozone debt crisis, which has created a global hysteria in the current world economy. In the research that follows, I will start with a brief history of the eurozone, how did eurozone face the debt crisis, and what might be ahead for the global economy, amid the ongoing European financial crisis. Eurozone is a term designated for all the countries that share a common single monetary policy managed by the Euro-system comprising the Frankfurt based –European Central Bank (ECB) and...
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...of diverse elements. Through exploration and conquest, Spain became a world power in the 16th century, and it maintained a vast overseas empire until the early 19th century. Spain has had peaceful transition to democracy following the death of Dictator Francisco FRANCO in 1975, and rapid economic modernization in 1986, which gave Spain a dynamic and rapidly growing economy and made it a global champion of freedom and human rights. More recently the government has had to focus on measures to reverse a severe economic recession that began in mid-2008. In this report I will discuss the history, demographics, major products Spain benefits from, attitudes, beliefs and religions practiced in the country, their main language societal organization and economic development of the country. At the conclusion of this report, it will be known that Spain is a country that the U.S. and other countries will continue to do business with. Spain has a long rich history with earliest signs of inhabitants going back to 800,000 BC. By 1200 BC North African and Celtic tribes settled on the peninsula creating a Celt-Iberian race. In turn, areas of Spain were colonized and fought over by the Phoenicians, Greeks, Carthaginians, Romans and the Goths. Moorish armies from North Africa invaded the peninsula in the 8th century AD and defeated the last Visigoth King and created Europe's only Muslim territory. They conquered large parts of the country finding strong resistance only in small Christian kingdoms...
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...– Principal investigator Clinton McGrath DPI&F Trade and Investment Research Support Team Nick Macleod, Devinka Wanigesekera, Brett Tucker, Leath Stewart, Prue Tatt and Peter Smith Department of Primary Industries and Fisheries • Queensland The Department of Primary Industries and Fisheries (DPI&F) seeks to maximise the economic potential of Queensland’s primary industries on a sustainable basis. This publication has been compiled by the Trade, Markets and Investment Unit. While every care has been taken in preparing these publications, the State of Queensland accepts no responsibility for decisions or actions taken as a result of any data, information, statement or advice, expressed or implied, contained in this report. © The State of Queensland, Department of Primary Industries and Fisheries 2008. Copyright protects this material. Except as permitted by the Copyright Act 1968 (Cth), reproduction by any means (photocopying, electronic, mechanical, recording or otherwise), making available online, electronic transmission or other publication of this material is prohibited without the prior written permission of the Department of Primary Industries and Fisheries, Queensland. Copyright inquiries should be addressed to: Intellectual Property and Commercialisation Unit Department of Primary Industries and Fisheries GPO Box 46 Brisbane Qld 4001 or copyright@dpi.qld.gov.au Tel: +61 7 3404 6999 Table of contents Acknowledgements … iv ...
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...coffee chain and like to expand its business in Spain. Marketers have prepared an original IMC plan based on zero-based planning model. Target markets are mainly tourists (40%), professional (30%), students (20%) and others (10%). This report has analyzed critically Company’s strengths, weaknesses, opportunities and threats in Spain market. Communication objectives can be based on think-feel-do model. Coffee World’s behavioral communication is to offer best product and service to the customer. Marketers will use various MC tools to crack the Spanish market. Campaign message will be “Where The World Meets!” Marketers will use ‘demonstration’ and ‘humor’ strategy to run IMC plan. A detailed IMC plan for Coffee World is discussed in this report. The report will evaluate the effectiveness of proposed IMC plan. Table of Contents Introduction 4 Zero Based Planning 4 Identify Target Market 5 SWOT Analysis 6 Marketing Communication Objectives 8 Developing Strategies & Tactics 10 Integrated Marketing Communication 12 Evaluation Effectiveness 15 Conclusion 15 Appendix 16 References 33 Introduction IMC ensures that all forms of marketing communication (MC) tools and messages are carefully linked together. Kotler et all (2003) defines IMC as: “A way of looking at the whole marketing process from the viewpoint of the customer.” The main purpose of this report is to prepare an IMC plan for Coffee World (Please...
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...popular song in the musical. Eva Peron was in fact a real person she was the second wife to the Argentine President Juan Peron and she served as the first lady in Argentina from 1946 until she died in 1952. But this paper is not about Eva Peron but it is about Argentina, she was just an influential member of this country and a good way to start my essay off! (Musical Heaven) Argentina is a country located in South America at the southernmost part of the continent. The country borders Uruguay, Paraguay, Chile and Bolivia. The country was first founded in a 1502 voyage by Amerigo Vespucci with Spain establishing a permanent colony on the site in 1580 where Buenos Aires is now. Spain held Argentina until a revolution declared its independence from Spain on July 9, 1816. (Argentina, Country Reports) Argentina’s national hero for this accomplishment is General Jose de San Martin. After the country declared its independence different groups within Argentina waged war on each other trying to do what was best for the country, each with its own agenda of course, but unity was finally established and the constitution was written and signed in 1853. (Argentina, Country Reports) Modern Argentina began to flourish in the late 19th century with the introduction of modern techniques in agriculture and the acceptance of Argentina into the world economy. Foreign investments from Europe helped the economic revolution by establishing railroads and ports. From the years 1880 to 1930 Argentina was...
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...Spanish financial crises 1. Spain’s Debt Problem The financial crises of Spain can be described as the sovereign debt problem, which is a large and continuous budget deficit feeding into its accumulated debt. From figure 1 we can see that fiscal consolidation hadn’t successfully made a recovery (see figure 1). Schwartz (2013) quoted that the net increase in debt in 2013 is expected to be €48 billion (HK$480 billion) and the gross issue of public debt €207.2 billion (HK$2085 billion). These are large sums compared with Spain’s GDP of €1.05 trillion (HK$10.69 trillion) 1. Figure 1 Source: Banco de España, General government liabilities. Excessive Deficit Procedure (EDP) debt, 11.6. Debt according to the excessive deficit procedure (EDP) and financial assets held by general government; http://www.bde.es/webbde/es/estadis/infoest/a1106e.pdf ------------------------------------------------- 1. Pedro Schwartz (2013), The Welfare State as an Underlying Cause of Spain’s Debt Crisis, Cato Journal, Vol. 33, No. 2 Actually before financial crises, Spain had experienced a long period of high economics growth. At the end of 2007, the fiscal position of Spain performed excellent. According to Eurostat, it was better than in the other three largest euro area member states Spain had a consolidated total government budget surplus of 1.9 percent of GDP, the third highest after Finland (5.2 percent) and Luxembourg (3.7 percent). But in fact it produced...
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...Buy Spain, Hold Germany and Sell South Africa Based on special report at Financial Times on Investing in Spain, it looks like Spain is currently making all right decisions to move towards Globalization, and hence it makes it as my BUY candidate. Germany continues to maintain its strong presence in all top lists that matter like Economic Freedom, Internet Usage, and Technological Achievements etc. and hence justifies its BUY previously and makes as my HOLD candidate. Germany is the third most economically important country in world according to Nation-Master. South Africa on other hand is not making enough progress. In fact based on Country Profile at Nation-Master, South Africa is ranked higher in all the bad or worse indexes. The potential it showed earlier to rise up from developing country to developed country is not showing anywhere and thus makes it as my top-most candidate for SELL. Note: This document is still just some scribbles and not the finalized document. Social Globalization * How Wired Is Your Country or Company? Based on Statistics published at Internet Usage in Europe, Germany is most wired nation in Europe in June 2010. Spain is almost getting there. South Africa on other hand is not showing much progress. * How Fast Is Your Country or Company? Policy on Adapting or Pioneering new things * Is Your Company or Country a Shaper or an Adapter? Education and Innovation * Is Your Country or Company Harvesting Its Knowledge? * How Much...
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...United States first time broke the geographic boundaries and began to set a goal as one of the most powerful countries in the world in 20th century. From isolationism to expansionism, the Spanish-American War led America into the modern era, the war was a symbol that the United States was rising power. The Spanish-American War was a war which launched in order to despoil the Spanish colonies. At that time, the Philippines not only had the important economic value, but also was the strategic base of America, so it was necessary to occupy the Philippines. On February 15th, the American vessel the Maine sunk in Havana harbor, and the United States seized the chance as an excuse, began to take military actions to declare war to Spain. There are many reasons to explain why the United States won this war, and many people consider that the main reason of it is because the huge strength disparity between the United States and Spain. “Spain was even less ready for war than the United States.”(ushistory.org). That’s true, the burgeoning America had strong economic and military potential, and it had built a powerful navy. At the same time Spain had declined, and it was isolated in the National position, also. Especially the Cubans and the Filipinos armed themselves to struggle against the Spanish colonial rule, and suppressed a large number of Spanish troops. “The relations between Spain and the United States had been much disturbed by the state of affairs in Cuba.”(Plagiarism). The brutal...
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