Assuming you are a Business Consultant with a Top Management Consulting firm. You have been approached by a client on the selection of an emerging economy to invest and establish operation. Your task is to prepare a report discussing topics that addresses today’s International Business Concerns and Challenges.
Your report should be based upon your research and supported experience containing the following key themes:
- Justification on the choice of an emerging economy to enter, from one of following choices:
o Niger (Africa) o Mexico (Latin America)
o Indonesia (East Asia)
o Czech Republic (Eastern Europe)
o Egypt (Middle East)
- Discuss the effect and impact to international business of key economic factors such as inflation, unemployment rate, trade, GDP and FDI.
- Discuss the effect and impact of the financial market and institutions to international business, such as the foreign exchange market, financial institutions and markets.
- Discuss the forms of technological innovation and their roles on international competitiveness such as payment systems, e-commerce, network services and social media.
- Discuss the effect and impact of political and legal concerns on international business such as bureaucracy and governance, environmental and consumer protection laws.
- Discuss the effect and impact of cultural differences on international business, such as values and attitudes, manners, languages and religion,
- Discuss the role that businesses and corporations are expected to engage towards the development of emerging economies such as ethical practices, corporate social responsibility, and sustainability.
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