Select a company and country that interests you.
You have been asked to evaluate the country you selected as a potential market for your product(s)/service(s) and present your findings to other managers of the organization in a memo. In your memo, be sure to address the following:
Provide a brief overview of the company and why the country you selected may be a potential market.
What type of political and legal systems does the country have?
Do free elections take place?
Is the government heavily involved in the economy?
Is the legal system effective and impartial?
Do political and legal conditions suggest that it should be further considered as a potential market?
That is an interesting question... What have you decided to write on. We will gladly make further suggestions if you repost after you have done your research.
It looks as if what you need to do is learn how to conduct thorough and effective searches for yourself. You are searching for information that is so specific that you have to be prepared for the possibility that none of it may be online. Or some may be, and some may not. In addition to searching on the Internet, you also need to make best friends with the reference librarian(s) in your local or college library.
http://hanlib.sou.edu/searchtools/
At this webpage, you can go immediately to the search sites (first three columns across the top) -- or even better you can scroll down until you see the section called HOW TO SEARCH THE INTERNET. Those are the links to start with. You'll not only learn how to come up with good search terms, but also how to evaluate the webpages you get as results. Some will be good and others will be garbage. You need to know how to tell the difference.
My favorite way to search is to go to Google's advanced search page http://www.google.com/advanced_search?hl=en and put my search words or phrases into the first or second search box (either "all the words" or "exact phrase"). However, there many other strategies for searching you can use, and the HOW TO SEARCH THE INTERNET section will help you best.
Learning to use Google or other search engines can save you time and help you learn to find information efficiently. Here are some websites that can teach you how:
http://www.lib.berkeley.edu/TeachingLib/Guides/Internet/FindInfo.html
http://hanlib.sou.edu/searchtools/searchtips.html
http://www.pandia.com/goalgetter/index.html
http://websearch.about.com/mbody.htm?once=true&COB=home&PM=112_100_T
... and one to help you judge whether a particular website's information is worth your time:
http://hanlib.sou.edu/searchtools/evaluate.html
Happy searching.
=)
Memo
To: [Managers of the Organization]
From: [Your Name]
Date: [Date]
Subject: Evaluation of [Company Name]'s Potential Market in [Country]
Dear Managers,
I would like to present to you an evaluation of [Company Name]'s potential market in [Country]. In order to assess the viability of entering this market, it is essential to consider the political and legal systems of the country.
Company Overview:
[Company Name] is a [briefly describe the company and its products/services]. Our company is known for [mention key strengths or unique selling points]. We are looking into expanding our operations to new markets and believe that [Country] could be a potential market for our products/services due to its [list relevant reasons such as economic growth, target audience, etc.].
Political and Legal Systems:
It is important to understand the political and legal landscape of [Country] to evaluate its suitability as a potential market.
1. Political System:
The political system of [Country] is [briefly describe the political system]. It is crucial to note that [Country] follows a [type of political system], which affects the stability and predictability of the business environment.
2. Legal System:
The legal system of [Country] is [briefly describe the legal system]. An effective and impartial legal system is vital for protecting the rights of businesses and enforcing contracts. [Company Name] would need to analyze the legal framework in [Country] to ensure our operations are compliant with local regulations and minimize legal risks.
Free Elections:
To determine the level of political stability and democratic processes, it is important to assess whether free elections take place in [Country]. [Provide information regarding the electoral process and the frequency of elections in [Country]. Analyze the implications of free and fair elections for the potential market of [Company Name].
Government Involvement in the Economy:
Consider whether the government in [Country] heavily involves itself in the economy. Evaluate the extent of government intervention and its impact on the potential market for [Company Name]. Assess whether excessive government involvement poses any risks or benefits for our operations.
Effectiveness and Impartiality of Legal System:
Research and evaluate the effectiveness and impartiality of the legal system in [Country]. Consider factors such as the protection of intellectual property rights, contract enforcement, and availability of legal recourse for businesses. This assessment will help in determining the ease of doing business and potential risks associated with the legal environment.
Conclusion:
Based on the evaluation of the political and legal conditions in [Country], I believe that it should be further considered as a potential market for [Company Name]. However, it is crucial to conduct a more detailed analysis and consult relevant experts to gain a comprehensive understanding of the risks, opportunities, and regulatory framework in [Country] before making a final decision.
Please let me know if you have any further questions or if there are specific areas you would like me to explore in more detail.
Thank you for your attention.
Best regards,
[Your Name]