Type of business operations or industry


Please answer the questions below, for two countries, Ecuador and North Korea.

Note that each question must be answered for both the countries.

Problem 1. Explain the most popular or successful type of business operations or industry in each country. For example, what is this country known for, and what kind of product or service does it provide (e.g., tourism)?

Problem 2. Are most businesses privately owned or government controlled?

Problem 3. Explain what role the government of each country plays in business and how that would impact your business and operational practices.

Problem 4. Please provide the references you used.

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