Country Analysis
A country analysis project must be analyzed in the context of its political, legal, economic, social, and cultural environments-the investment climate of the target country. Although sensitivity to particular factors varies from one project to another, all analyses are subject to the influence of some set of specific factors. Therefore a firm should raise three questions about a country's investment climate: (1) How the investment climate will be critical to the success of the project? (2) What is the present value of these critical issues? (3) How are these issues likely to change over the investment planning period? In making domestic investment decisions, firms should pay much attention to the relative environment, assuming that it will not remain constant or change only slowly over the investment's life. It is dangerous to extend this approach to foreign investment decisions, because in many foreign countries the relative environment is far more vibrant than at home. Furthermore, American companies are far less knowledgeable about foreign investment climates than about the U.S. climate.
The framework presents the many features of a target country's investment climate that need to be assessed by managers. The checklist is only suggestive, each firm should realign its own checklist to make certain it covers all the issues of the project.
One major fact is that all the items in the checklist depend directly or indirectly on the behavior of the political system in the host country. For that reason, changes in the investment climate will proceed mainly from changes in the behavior of the government or from general political instability. Because the future is uncertain, management's assessment of prospective political behavior in the host country can be expressed at most as probable or not probable.
Following is a fundamental framework for analyzing business and social attributes of a country. The criteria stresses that business abroad involves several aspects. That is, you must repeat certain kinds of analysis or planning at different stages before going into another country. How the evaluator weights the criteria depends on the nature of the activity the firm approaches within a given region or country. Five major factors to evaluate include, but not limited to the following:
Framework
A. General ...
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...in, the appropriate list of attributes to consider depends on the factors affecting sales performance and cost of your product.
How to Use the Matrix
Having identified relevant attributes, a company can proceed to use a decision matrix. For each attribute in each country, you should specify a raw score. Rate each item from 1 to 10, with 1 being poor and 10 being excellent. The ratings can be derived from your basic research. A company should weigh each attribute according to its significance to your company's product and operations. For each attribute, specify a number from 1 to 10 in the weighting factor column- For example, if the company is considering a major capital investment, then political stability justifies a weighting factor of 10. Similarly, the weighting factor for economic stability will vary in accordance with how much this attribute affects the firm. A rating of 10 indicates that the effect is high; a rating of 1 indicates that the effect is minimal.
The firm can use this matrix both to assess opportunities and to establish target.
Bibliography:
Charles F. Valentine, “International Management consulting Group,” John Wiley & Sons, Inc., 1998
Target has not significantly penetrated the online shopping business as compared to its competitors Walmart and Amazon.com
Target offers products like household goods and sporting equipment. Target and Wal-Mart are similar in the items that are sold. Target offers products for families for kids of all ages, plus has shopping for adult clothing. Target offers movies, CD's, and DVD's. Target also offers vacuum cleaners, bed and bath supplies, and kitchen supplies. Target is another example of a one stop shop.
Neglect happens every day and in any type of home. It’s a type of abuse that everyone should be aware of so that we can save our future doctor, world peace promoter ,or firefighter.
Neglect is a form of abuse where the parent or guardian doesn’t give the child the attention or supervision they need. There are many kinds of child neglect including are physical, emotional, medical, and educational. Physically neglecting a child is when the parent fails to shelter, feed, and doesn’t give the child supervision. When a child is neglected they are unsupervised, the parent refuse to house them, and fail to give the child food and clothing. These parents may also leave their child at other people homes for days or weeks at a time. They may also lock their child out of the house during the day and make them stay outside. Emotional neglect happens when the child doesn’t get the enough attention they need from their parents. This
Some investors are wary about the process of investing internationally, carrying the concept that it is always to precarious and complex. While there are risks involved with international investing, there are also very beneficial and profitable reasons for doing so. Ev...
According to Gary Fireman, neglect is the most frequently substantiated form of child maltreatment. Also, according the U.S. Department of Health and Human Services as cited by Gary Fireman, approximately half of all cases of child maltreatment pertain to child neglect. There are four forms of child neglect: including physical, emotional, medical, and educational neglect. Out of these four forms, physical and emotional neglect are the most critical and important. Physical neglect is failing to protect from harm, and not being able to provide basic necessities. Emotional neglect is being unresponsive to a child’s need for support and protection. Physical neglect can be anything from failing to provide 24 hour care by leaving the child unattended for long periods of time to not being able to or inadequately provide food, shelter, clothing, and other basic necessities. Victims of child neglect are subject to permanent consequences after growing up enduring child neglect. Neglected children are at risk for delays in cognitive and language development, social and emotional withdrawal, anxiety symptoms, aggressive and inattentive behaviors, and lowered self esteem. Victims of child neglect are often unpopular, having difficulty forming and maintaining close attachments, and may have diminished capacity for coping with everyday demands. Victims are often diagnosed with at least one psychiatric disorder by adolescence. Victims of child neglect are more susceptible to lower scores on standardized tests, lower grades and, higher dropout rates. In cases of extreme neglect, the victim may suffer from developmental delays, failure to thrive, and unfortunately, in very serious cases for more vulnerable children, death. There are many factors that may lead to child neglect. Living in poverty and not having access to adequate health care are general factors that lead to child neglect. Overall, there are
The international business development has heightened the importance of international market selection (IMS) of companies, especially for their exporting strategy. However, not many companies really comprehend the geographical, social, economic characteristics of foreign countries in comparison with their home countries (Cavusgil, 1985). This fact has challenged many studies to create the optimal approach for IMS. The major question is: Which foreign market should a company enter? Thus, this report focuses on providing a practical consultancy to evaluate and determine its most appropriate foreign markets.
Political and legal considerations were given first priority in this analysis with primary emphasis given to whether a country's legal or political system prohibits or impedes foreign investment. If a country's political or legal system discouraged or prevented foreign investment, that country was disqualified from further consideration. Factors considered when assessing the political and legal environment:
In the year 2007, China and India ranked first and second respectively in the list of ideal foreign direct investment (FDI) destinations, according to A T Kearney, a global strategic management consulting firm (The Press Trust of India Limited, 2007a). The two nations, because of their similarities in geopolitical, economic and demographic aspects, are often compared with each other. To determine which one is more attractive for businesses to expand to, this essay will examine the business environment of both countries from the following perspectives: political/legal, economic, socio-cultural and technological.
Investing or venturing into the international market involves critical analysis of the internal and external environment in which the company operates. Usually, a company will decide to venture internationally due to a saturated market or fierce competition in the current country of operation. The demand for a company’s products may have diminished as a result of an economic crisis thus the company will target a foreign market to sustain its sales. In other words, the firms expand internationally to seek new customers for its products. For example, the current Euro zone crisis led to low demand in Europe and many companies extended their businesses to emerging markets where demand was high. A company may also venture in the international market to enhance the cost-effectiveness of its operations especially for manufacturing companies that will benefit from low costs of production in developing world. Global expansion is a long term project as it involves demanding logistics to be successful. Thorough research must be undertaken to ensure that the expansion will create value for share...
Some legal and political issues project managers should consider are staying within the laws and regulations of the country they are looking to work in. The foreign environment usually has protection of local workers, and may strongly influence how the different types of projects can be implemented. In addition, security is a high risk factor and must be considered when going to a foreign country.
Welch, Ginger L.1,2, and Barbara L.3 Bonner. "Fatal Child Neglect: Characteristics, Causation, And Strategies For Prevention." Child Abuse & Neglect 37.10 (2013): 745-752. OmniFile Full Text Mega (H.W. Wilson). Web. 26 Feb. 2014.
Our economic development will forever be defined as our ability to succeed internationally. PwC forecasts India’s real annual GDP growth until 2050 at 8.9 percent, Vietnam’s at 8.8 percent, and China’s at 5.9 percent. The list of fast-growing emerging markets goes on and on. The U.S. forecast is a meager 2.4 percent, comparable with most Western economies. The domestic companies that are likely to see incremental growth in the coming decades are those that are not only doing business internationally, but that are developing the strategic skill set to master doing business across cultures. Cross-cultural core competence is at the crux of today’s sustainable competitive advantage. For example, political environment will tell us, as to how and why political leaders control, whether and how of international business. Legal environment, both national and international will tell us about many kinds of laws by which business firms must work. The cultural environment will tell us about attitudes, beliefs and opinions important to business people. Economic environment will tell us about the economic system being followed by the host country, which may or may not be different from home country. It will also explain the variables such as level of development, human resources, Gross Domestic Per Capita and consumption patterns that determine a firm’s ability to do business. Geography will tell us about location, quantity, and quality of the world’s resources.
What distinguishes neglect from additional forms of maltreatment is its inherent omission of behaviour rather than a commission of behaviour, as in the case of physical or sexual abuses (Sagatun & Edwards, 1995; Zuravin, 1991). Over recent years, it has been increasingly recognized that child neglect has a more severe and adverse impact on children’s development than abuse (Hildyard and Wolfe 2002; Trickett and McBride-Chang 1995).
THE POLITICAL ENVIRONMENT: The critical concern Political environment has a very important impact on every business operation no matter what its size, its area of operation. Whether the company is domestic, national, international, large or small political factors of the country it is located in will have an impact on it. And the most crucial & unavoidable realities of international business are that both host and home governments are integral partners. Reflected in its policies and attitudes toward business are a governments idea of how best to promote the national interest, considering its own resources and political philosophy. A government control's and restricts a company's activities by encouraging and offering support or by discouraging and banning or restricting its activities depending on the government. Here steps in international law. International law recognizes the right of nations to grant or withhold permission to do business within its political boundaries and control its citizens when it comes to conducting business. Thus, political environment of countries is a critical concern for the international marketer and he should examine the salient features of political features of global markets they plan to enter. THE SOVEREIGNITY OF NATIONS From the international laws point of view a sovereign state is independent and free from external control; enjoys full legal equality; governs its own territory; selects its own political, social, economic systems; and has the power to enter into agreements with other nations. It is extension of national laws beyond a country's borders that much of the conflict in international business arises. Nations can and do abridge s...