Socio-Economic Characteristic

Socio-Economic Characteristic

Socio-Economic Characteristic



This assessment item has two activities: (a) Drawing conclusions for firms considering either exporting products to or undertaking business in two fictitious countries by comparing their socio-economic characteristic. (They are provided in the table in “Assesment Task” file) (12 marks) (b) Explain foreign direct investment (FDI). (5 marks) Format Part A 1 Conclusion 1. 2 Conclusion 2. 3 Conclusion 3. 4 Conclusion 4. Part B Foreign direct investment Part (A) Using the variables summarised in the table below, draw four conclusions which compare what the data could mean for firms either exporting to or undertaking business in these fictitious countries. Each conclusion should be 100-120 words. In each conclusion, use at least two variables. What information should I be analysing? Take note of the table on page 2 of the assignment document. Basically, your job is to make sense of the information provided. You are required to write 4 conclusions. For each conclusion, you must compare the two countries using any two or more of the variables in the table. Then, based on your analysis, you should discuss (in each conclusion) what are the potential implications for an international business. For example, based on your analysis of the country data, you may propose that one country is more suitable than the other as an export market for certain products. Or, you may propose that one country is potentially suitable as a location for FDI based on your analysis. You should analyse both countries in each conclusion. For example, if you are using the variables GDP and income equality in a conclusion, you should be analysing these in relation to both the countries, and based on your analysis, you will then propose what you think might be relevant from a business perspective (eg. maybe one country is more suitable as an export market for luxury products while the other is more suitable as an export market for food products, etc). Are definitions required? Do I need to start each conclusion with a definition of the variables that I am using? No, the purpose of writing these conclusions is for you to analyse the country information. You should not waste time and words defining what is GDP, what is population, what is inflation, etc. Instead, you should be analysing the information provided on both countries and discussing what may be important from an international business perspective. (3 marks each = 12 marks) Part (B) Foreign Direct Investment (FDI) A successful medium-sized Australian firm is considering setting up a production facility in a foreign market through foreign direct investment. The decision is to acquire an existing facility rather than setting up a greenfield venture. Explain the meaning of foreign direct investment and discuss the benefits and costs of using an acquisition approach.

Our Essay Writing Service Features

Qualified Writers
Looming deadline? Get your paper done in 6 hours or less. Message via chat and we'll get onto it.
We care about the privacy of our clients and will never share your personal information with any third parties or persons.
Free Turnitin Report
A plagiarism report from Turnitin can be attached to your order to ensure your paper's originality.
Safe Payments
The further the deadline or the more pages you order, the lower the price! Affordability is in our DNA.
No Hidden Charges
We offer the lowest prices per page in the industry, with an average of $7 per page
24/7/365 Support
You can contact us any time of day and night with any questions; we'll always be happy to help you out.
$15.99 Plagiarism report
$15.99 Plagiarism report
$15.99 Plagiarism report
$15.99 Plagiarism report
$3.99 Outline
$21.99 Unlimited Revisions
Get all these features for $65.77 FREE
Do My Paper

Frequently Asked Questions About Our Essay Writing Service

Academic Paper Writing Service

Our essay writers will gladly help you with:

Business Plan
Presentation or Speech
Admission Essay
Case Study
Reflective Writing
Annotated Bibliography
Creative Writing
Term Paper
Article Review
Critical Thinking / Review
Research Paper
Thesis / Dissertation
Book / Movie Review
Book Reviews
Literature Review
Research Proposal
Editing and proofreading
Find Your Writer

Latest Feedback From Our Customers

Customer ID:  # 678224
Research Paper
Highly knowledgeable expert, reasonable price. Great at explaining hard concerts!
Writer: Raymond B.
Customer ID: # 619634
Essay (any type)
Helped me with bear and bull markets right before my exam! Fast teacher. Would work with Grace again.
Writer: Lilian G.
Customer ID: # 519731
Research Paper
If you are scanning reviews trying to find a great tutoring service, then scan no more. This service elite!
Writer: Grace P.
Customer ID: #499222
Essay (any type)
This writer is great, finished very fast and the essay was perfect. Writer goes out of her way to meet your assignment needs!
Writer: Amanda B.
Place an Order

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:

Powered by

× WhatsApp Us