"International Impact" Please respond to the following:
From the e-Activity, pick a non-English-speaking country and assess the strengths, weaknesses, opportunities and threats for an organization to do business in this country. Consider the country’s overall economic, social/cultural, technology, and political/legal aspects.
Recommend a type of organization that may flourish in the country you picked. Support your rationale with evidence or examples.
SWOT Analysis for business in Singapore. Singapore is one of the world’s best countries to run a business. A thriving economy, smooth proficiency, diverse population, and location, location, location makes Singapore the ideal place to start a business. Singapore’s thriving economy is a strength . It was ranked #1 in 2013 and 2014 in World’s Bank’s “Ease of Doing Business” article (2014). Singapore is proficient in that its infrastructure runs like a well-oiled machine. They have a world class health care system. They also have great roads, ideal for transportation of goods. They also have a melting pot of cultures, in Singapore. This is an asset to any company looking to do business, here. Lastly, Singapore is strategically situated on the southern tip of the Malay Peninsula in Southeastern Asia, which makes it a hub for imports and exports.
Being that Singapore is an island and one of the busiest ports in the world, I’d recommend an export business. Perhaps, a seafood export business.
“Ease of Doing Business: Singapore.” (2014) DoingBusiness,com. Doing Business Measuring Business Regulations. Web. 17 October 2014.
From the e-Activity, select a declining domestic product, one that has reached its declining stage domestically. Expound on how the use of the international product life cycle may strategically advance expansion of the product internationally. The final stage of the product life cycle is the decline stage. Products that are in this stage...
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