Chapter 9: Political and Economic Factors Affecting International Business 9.3 Economic Factors Related to International Business Page 284 – 292 Economic Systems An economic system is what allows a country to decide what to produce‚ how to produce‚ and for whom to produce. These systems include natural resources‚ labor‚ capital‚ management and standards for creating products. Market Economies In market economies‚ i) ownership of private property is encouraged‚ ii) businesses are encouraged to
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Question: Evaluate (Find) the causes of the East Asian Financial Crisis in 1997-1998 I will be talking about the causes of the Asian crisis involving the problems or issues they are undertaking during the time. (Ask audience‚ if anyone knows how it actually happened.) Here is what I understand how the crisis has began. Firstly‚ the ones affected the most were Thailand‚ Indonesia‚ South Korea‚ Philippines‚ Malaysia and so on‚ did not have enough foreign investment causing the value of its currencies
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General facts Republica Argentina giulia.mayer@gmx.de Buenos Aires This city has always been one of the most important and influential centres of Argentina and South America. Founded 1536 the city nowadays has a population over 14 mil inhabitants. Buenos Airos has a special statue among 23 provinces the country is divided in. As you can see on the slides in this city the past rubs shoulders with the present‚ giving us a perspective of the future. And now let’s take a look on the
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goods and services. However‚ there are many factors that affect this simple operation. Owing to these economic elements‚ the sales‚ production‚ and procurement of a business get adversely impacted. Here‚ we have provided you with a list of economic factors that affect the working of business organizations. All these factors are interconnected. Economic Factors That Influence Businesses Demand and Supply The demand and supply are two principal factors that affect the working of any business model
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here to learn. And it is no easy to me to be here in front of you. I’m Ignacio from Argentina‚ I’m 23 years old‚ and I’m food engineering student from University of Villa Maria. I going to tell you something about my country and my college‚ and I’m inviting to you to know Argentina‚ if you have a possibility to traveling around the word this place can be a very good option and a cheaper option for you. Ok. Argentina is a country divided by 23 autonomous provinces plus the federal capital called Buenos
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Entrepreneurs are people in which organised other productive resources in which helps to make good and since the economics regard entrepreneur’s as a specialist form a labour input. Others believe that they deserve recognition as a separate factor of production in their own rights. With entrepreneurs they play an important role in the society. They make a major contribution to economic activity. Imagine how many jobs are created by the thousands of new businesses that are set up every year and by
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P6 & M3: Political‚ legal and social factors impacting the business There is a range of influences that can affect the business in the business environment. Usually these influences cannot be controlled by the business itself. In P5 and M2 tasks I have presented the different economic impacts‚ and now I will present the political‚ legal and social factors in my P6‚ M3 and D2 tasks. Political factors There are 3 types of government that affect the country and these are Local‚ National Government
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Geography: Argentina is the second largest country in South America‚ after Brazil‚ with a total square KM of 2‚780‚400 SQ KM. In turn‚ Argentina is the 8th largest nation in the world. This vast land has served the Argentinean people well‚ as they have used the land to cultivate a wide variety of crops and agriculture. However‚ the most important aspect of the Argentinean countryside was the plenty of pasture to help raise precious food source of cattle. The southern part of Argentina is characterized
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The impact of Political‚ Legal and Social factors on a business Describe how political‚ legal and social factors are impacting upon the business activities of the selected organisations and their stakeholders. Political factors: ‘’Political factors are how and to what degree a government intervenes in the economy.’’ (http://en.wikipedia.org/wiki/PEST_analysis) Political factors include: * Environmental regulation and protection * Taxation ( corporate: consumer) * International
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AUSTRALIA: RUNNING LLOYDS BANK IN AUSTRALIA: Political factors: Australia is a democracy which is the following: The Constitution‚ the Federation‚ and the judicature. The Australian nation‚ (which is also known as the Commonwealth of Australia)‚ started in 1901 when the six former colonies owned by the British agreed to join together (Federate.). This is now Australia’s six states. Since Queen Elizabeth II is the Queen of Australia‚ Lloyd’s bank wouldn’t have a problem to run in Australia. All
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