Assignment:
Part 1:
You have been asked to evaluate the country you selected as a potential market for your product(s)/service(s) and present your findings to other managers of the organization in a memo. In your memo, be sure to address the below:
1. Provide a brief overview of the company and why the country you selected may be a potential market.
2. What type of political and legal systems does the country have?
3. Do free elections take place?
4. Is the government heavily involved in the economy?
5. Is the legal system effective and impartial?
6. Do political and legal conditions suggest that it should be further considered as a potential market?
Objective:
Explain the impact of culture on business activities around the world.
Describe the global business environment.
Part 2:
1. Explain the relation between trade and world output.
2. Describe the broad pattern of international trade.
3. If the nations of the world were to suddenly cut off all trade with one another, what products might you no longer be able to obtain in your country( USA)? Choose one other country and identify the products it would need to do without.