Managers of multinational enterprises are advised to take advantage of their home region institutions such as the European Union. Assume you are the manager of a multinational enterprise in Belgium. Why is the institutional framework created by the EU pivotal for business?
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Managers of multinational enterprises are advised to take advantage of their home region institutions such as the European Union. Assume you are the manager of a multinational enterprise in Belgium. Why is the institutional framework created by the EU pivotal for business?
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- Using appropriate academic resources, assess the impact of a country's economic, demographic, and political/legal environment on business. You should select a country that you are at least somewhat familiar with. I have listed some ideas to give you a starting point on your research. You should include this information but are not limited to only this information. After you find the information on each of these three sections, write a paragraph analyzing how this impacts business in the country. Your assignment should be at least 2 pages long and you should use APA format to cite your sources. Economic Environment Economic growth data Employment data Inflation data Income distribution Interest rates Political and Legal EnvironmentYou work for a Nova Scotia Company trying to successfully enter the cranberry market in Australia.Identify those aspects of Australia's history that will have an impact on your company’s international business plan.What is the stability of the Australian government, political attitudes toward international business in general, and attitudes specifically toward Canadian businesses.Select a country you feel would have a challenging business environment to enter. Describe at least one issue related to political, economic, and legal systems.
- Cultural Differences are very common in International Business. How would you respond to cultural differences in matters of dealing with Marketing of your products? Explain with relevant examples.A company that wishes to internationalise need strong understanding of local as well as global business environment to survive. You are appointed as a CEO of Indian Electric Vehicle company that wish to enter European market. Discuss the viability of this move by considering the domestic and global business environment condition. Do you agree your companies will be globally successful, give support for your claim?Identify the five (5) ways that you can become an "International Business": 5 points Own a domestic retail business Own a tertiary business in another country Own a secondary business in another country Own a primary business in another country Export items to another country Invest in a business in another country Import items from another country
- What are the legal and regulatory challenges that businesses face when expanding into international markets, and how can they navigate issues such as foreign investment laws, trade agreements, and cultural differences?What characteristic of national culture do you think to have the most important effect on how successful a country is in doing business abroad?How is a country's economic well-being enhanced through free international trade in goods and Services, especially since the pandemic? Provide and discuss two relevant examples specific to your jurisdiction
- Is international business a positive force in the world or is it causing harm to people, societies, and the environment? what could be an exampleGovernment policies affect international business transactions and analyse the rules on imports and exports that restrict trade flaws. Describe some strategies for company managers to deal with barriers to trade and investmentSelect a multinational company that operates in your country. Evaluate the importance to this company of undertaking SWOT and PEST analysis before it substantially expands its operations. [20]