Assignment:
1. What are some key events in this country's history? How has the country's history affected its current population and culture? Is the nation currently feeling the impact of certain historical events, patterns, or decisions? What should repatriates know before moving to work into this country?
2. Describe the country's political structure. Who is in charge of making decisions? Do the people get a chance to participate in political life? Describe current political conditions in this country. What types of political controversies or difficulties has this country faced or is it currently facing? How is this country getting along with other countries in its region and in the world? Should the company do anything to minimize its risk?
3. How has this country's economy been faring in the past few years? What has happened to unemployment, consumer prices, and GDP, and what do these figures reveal about the country's economic health? Where does this country fit into the ranking of all countries for GDP per capita? How does this affect the success of the company in this market?
4. What are this country's key economic sectors? In what ways is each of these sectors important to the overall economic health of the country? Which of these sectors, if any, represent significant sources of export revenue?
5. What are the prospects for foreign investment in this country's economy? If you were in charge of King World Corp, would you want to do business in this country? Why or why not? Explain in detail.
6. What are the most significant issues facing this country that as business professionals we should be aware of? How do these issues impact the possible risk to the organization? Be specific.
7. Describe the unique characteristics of the culture. What are the differences with the American culture? As international travelers, what must cultural rules must we be aware of or follow? If applicable, how does this culture compare to the American culture based on the Geert Hostede model?