The purpose of this assignment is to help you understand emerging markets, how t
ID: 362438 • Letter: T
Question
The purpose of this assignment is to help you understand emerging markets, how to research country data, and to learn how to link a country's environmental forces with potential business opportunities.
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For the first part of this discussion you chose a country with an emerging market that interests you. You conducted some preliminary research on this country as well.
For this second part, based on your research and the feedback from your peers, select a company you feel should pursue an opportunity in your chosen country. Explain why you feel this company would be a good fit by outlining the company's goals and mission, potential target market in the new emerging market, company culture, and describing the product and the potential need in the emerging market. Determine how difficult it would be for this company to assimilate to the new culture
Summarize all of the information 2-3 paragraphs and post in the discussion board by Tuesday of this Module.
Explanation / Answer
El Salvador has been fishing slow economy since 2016 which is due to the efficiency of regulatory body which is causing the unstable security situation in the El Salvador. El Salvador is degree classified as a lower middle income country with total per capita important as $3,780. Mainly El Salvador is based on agricultural as well as manufacturing facilities and the biggest partner which is directly trading in the El Salvador is United States who treats in assembly coffee, shrimp , textile, chemicals and sugar. El Salvador mainly import goods and services as well as raw material along with the fuel and electricity.Economically El Salvador is a poor country and does not generate a huge revenue from its over always in this.There are legal issues going on with Salvador in the business Industries as El Salvador is facing legal mashup inside it business industry. El Salvador has simple rules for registering a company as well as learning the companies, type of the companies all the limited liability companies which are run in the El Salvador. Places in El Salvador also free for tags and their shoes are exempted from income and value added taxes.
The country has a huge political influence over the businesses and political Monopoly usually works on the businesses inside this specific country. Trading across the border is also a bit of as there the influence of the political parties are huge.Socially El Salvador is a small country in which people are directly dealing in the limited liability businesses and providing the service to the customers. By having Small scale industries el Salvador does not create any kind of shoes economy generation from that businesses it is providing. Actually can we look does a growing market but the social aspect of El Salvador can be seen as a growing in emerging market which has to be defined by many means.Technological El Salvador is behind from rest of the world, have most of the part of the country is low in progress of the economical generation. The overall development in terms of Technology is very less as compared to other countries which directly affects the overall trading system of the country.Institutionally El Salvador has different universities as well as different business opportunities going on. Independent universities working along with the government to provide quality education to the residents of El Salvador is creating values difference. Many independent companies are also opening their institutions in the country for better management of the education and to provide quality service towards the citizens of El Salvador.
On the bases of above factors we can say that the overall strucure for el salvador is suitable for low scale compies which can be benfitted by the specific conditions.
These overall structural problems decrease the level of implimentation and increases the marketing oppertutinity.El salvador can be directly treated as on of the most emerging markets which can be directly captured by introducing newer and most customer friendly strategies
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