Premium Essay

Global & International Business Context

In: Social Issues

Submitted By nurhudayassin
Words 4597
Pages 19
Individual Assessment
SM0269 Global & International Business Context

Nurhuda Binte Md Yassin

Student ID: 12034616

Word count: 3,189 words


This report aims at facilitating the company’s decision-making process concerning the consideration of expanding its international operations in food retailing to South Africa. The overall competitiveness and investment attractiveness will be based on the extended version of Porter’s National Diamond and supplemented with key management issues of South Africa food retail industry, to which the company can tailor its strategy. The analysis recommendations will be made, that need to be considered by the company before deciding in opening its operations in South African food retail industry.

Brief Summary of South Africa Food Retail Industry

|South Africa, a growing retail market with a population of around 49 million people, possesses a modern infrastructure supporting relatively |
|efficient distribution of goods to urban centres, townships and rural areas throughout South Africa and Southern Africa (Ntloedibe, 2010). South |
|Africa have been identified among the ten new markets most likely to appeal to multinational store groups, along with four other African countries -|
|Algeria, Kenya, Morocco and Nigeria (Ventures Africa, 2012). |
| |
|5 Largest Retailers In South Africa |

Similar Documents

Free Essay

Mtv Goes Global - International Business

...MTV GOES GLOBAL , WITH A LOCAL ACCENT CASE ANALYSIS This case talks about how MTV Networks has become a symbol of Globalization. The US based music TV network which was established in 1981 started its international expansion in 1987 with MTV Europe. After its initial failure it has adopted various International strategies and controls at the right time to regain its lost popularity, especially in non-English speaking countries like Asia and Europe. The strategy which has worked for MTV has been its LOCALIZATION STRATEGY which is to ‘get inside the heads’ of the local population and produce programming that matches their tastes and preferences. This strategy has been a big success which has helped MTV gain a combined viewership of 321 million households in 140 countries by 2004. In India the ratings increased by more than 700 per cent in 4 years (1996-2000). Localization has helped MTV to capture the advertising revenues from the multinational giants such as Coca- Cola as this company’s multinational budgets is determined locally. Advertising is the main revenue generator this industry. In Europe it gets its 70 per cent advertising revenues from local spots which was earlier 15 per cent in 1995 when it first started globalising. But all this success has not been a smooth ride for MTV when it first decided to globalize in 1987 through MTV Europe. Mtv has been a trend setter since its launch in the US. The main target audience for MTV has been the youth segment. From 1987-...

Words: 658 - Pages: 3

Premium Essay

International Business

...Lena Cavusoglu J. Mack Robinson College of Business, Georgia State University Master in International Business IB 8090 - International Business Environment Essay Exam # 1 Email: 1. GDP per capita as an indicator: What are the limitations of this statistic in the context of emerging markets? GDP per capita is often used as an approximation of a country's prosperity. However, this approximation excludes significant factors such as the distribution of income, home production, underground economy, and social cost of production, in making a decision on the well-being of a country's inhabitants.   First, emerging markets generally have an unbalanced distribution of income. There may be significant gaps in income between various groups of the society. In such markets, GDP per capita is a misleading indicator of the economic situation because a wealthy minority may hold a large share of GDP. GDP per capita might underestimate the fraction of society who has an income below the poverty threshold. Furthermore, the inequality in income distribution gives rise to a higher rate of increase in underground economy, which may make up a large fraction of GDP generated in a country. Consequently, many places have a higher GDP than what is reported. Second, there is a large domestic production in developing countries such as Turkey, which is not calculated in GDP since these products are not sold on the market. Homegrown vegetables and knit clothing are......

Words: 2290 - Pages: 10

Free Essay

Business in Context

...• Business in context Lecture 2 Week 1 • Reference Grant , D.( 2013, January 27 ). I’d rather a better phone than feed a hungry child . New Zealand Herald . Retrieved from: • Introduction This article was posted on NZ herald which is a personal opinion of Damien Grant that he would rather spending money for himself than for poverty child . In the article , he explains clearly the reason for his opinion within examples and statistics. He wants to in form to audiences that no child lives below international poverty live and the Children's commission needs to show that there is a problem or they will be abolished . • Applications and connections The article of Grant is convincing because he mentioned exactly of what is happening in nowadays society and he is also right if the average wage in New Zealand was $1M a year then the figures the commission given would say those on $600K a year would be living in poverty. It makes me to contradict with Singer’s ethic video recording . In Singer’s ethic video recording, he expresses his idea that people should spend their money for poverty rather than for a expensive Prada shoes. However Grant reading is better ,meanwhile Singers criticizes people who spend money for those expensive things. Because this is business , Its “the term includes any transaction designed to provide goods or services for a profit”. ( New Zealand dictionary......

Words: 345 - Pages: 2

Free Essay

Hrm Global Context

...Invitation to an international union meeting 22 March to 24 March Paris Solidaires Union Federation France Union and Popular Central Brazil General Workers Confederation Spanish State Workers Democratic Organisation Morocco International Trade Unionism : we are building the future This call has been launched by trade unions from Europe, Africa, America and we have diverse affiliation or non-affiliation to the International Trade Union Confederation, the World Federation of Trade Unions. We also participate in various international trade union networks, etc. All our unions recognize the unionism of struggle, workers' democracy, self-organisation of workers and the need for social transformation. The crisis of the capitalist system has consequences in the world. Economic, financial, environmental and social crises interact and become self-reinforcing. The global crisis of capitalism shows a shared impasse based on increasingly unequal distribution of wealth produced, financial deregulation, free trade and the widespread disregard for ecological imperatives. To save the profits of the shareholders and owners, to ensure the future of banking and global institutions (the World Bank, International Monetary Fund, World Trade Organization, etc.), governments and employers place increasingly heavy burdens on workers' rights and workers. The current economic and political system organises the looting of many countries, forcing millions of people to leave their region of...

Words: 944 - Pages: 4

Premium Essay

Business & Global Context

...FULL TIME MBA 2011/12 NAME OF COURSE Business and the Global Context TITLE OF ASSIGNMENT “Discuss how political factors are impacting on the development of an industry of your choice” NAME OF STUDENT DATE OF ASSIGNMENT DEADLINE 21st of November 2011 WORD COUNT 1503 Index Contents Index 2 Introduction 3 Investment Banking Sector:- 4 Definition of Political Risks:- 5 Impact of Political Factors on the Investment Banking 6 Conclusion 9 Reference List :- 10   Introduction Finance has always been centre point of many nations in terms of their economic, social and cultural development. In fact, a nation cannot survive without proper finance and management. This assignment first introduces the fundamental meaning of term Investment Banking and political risk. The assignment focuses on how government is playing major role in formation of investment banking. Examples have been provided which shows governments of other countries with same democratic ruling system follow the same financial regulations. Government also tend to have their own controlled system of investment for national interest. Some examples have been mentioned in the assignment which shows the faulty political interest responsible of collapse of investment banking and later government have to come in picture to save the banks. This assignment also mentions about other direct and indirect social, economic effects influencing political decisions on investment banking. At...

Words: 1872 - Pages: 8

Free Essay

Managing People in a Global Context Sumamry

...Summary Managing People in a Global Context Book: Managing across cultures by Schneider & Barsoux, second edition Chapter 1: The undertow of culture Converging cultures? Before the impact of culture can be assessed, two convergence myths have to be challenged: 1. The world is getting smaller… • On the surface, we appear to be converging: television, books, movies, internet, eating habits etc. • However, it seems that the pressure for convergence or integration may in fact create an equal, if not stronger pressure for divergence or fragmentation. o E.g. protests against learning English as second language in Switzerland, different neighborhoods in NYC (Chinatown, Little Italy etc.). o Executives across Europe are reading many of the same publications, but still more often they read national magazines and newspapers. Management is management • Management is management, consisting of a set of principles and techniques that can be universally applied. • However, different practices (such as management) are shaped by its cultural origins, and so is management. • Also, different notions of organizations (relationships vs. tasks) and different HRM practices based on motivations of employees (intrinsic vs. extrinsic). • Good management is culturally sensitive management: best fit between people’s motivation and tasks. • Sensitivity towards invasion of foreign companies and their business ideologies and practices. 2. Despite technological & economic forces for......

Words: 6347 - Pages: 26

Free Essay

International Business

...Journal of Business Venturing 27 (2012) 266–290 Contents lists available at SciVerse ScienceDirect Journal of Business Venturing International entrepreneurship research in emerging economies: A critical review and research agenda Andreea N. Kiss a,⁎, Wade M. Danis b, 1, S. Tamer Cavusgil c, 2 a b c Global Economics and Management Department Faculty of Economics and Business University of Groningen, 800 Postbus, 9700 AV Groningen, The Netherlands Peter B. Gustavson School of Business, University of Victoria, P.O. BOX 1700 STN CSC, Victoria, BC Canada V8W 2Y2 J. Mack Robinson College of Business, Institute of International Business, Georgia State University, P.O. Box 3989, Atlanta, GA 30303-3989, USA a r t i c l e i n f o a b s t r a c t This article systematically reviews and critically examines international entrepreneurship research in emerging economies (IEEE research), and articulates its importance, timeliness and relevance in consideration of the growing influence of emerging markets in the global economy. A systematic analysis of eighty-eight journal articles published over the last two decades reveals that IEEE research is a vibrant and rapidly growing stream of the broader international entrepreneurship (IE) domain, and that it is methodologically and topically diverse. Our review also shows that IEEE research has a limited presence in premier journals, is highly skewed in its geographic coverage, and is somewhat fragmented. We therefore......

Words: 21137 - Pages: 85

Premium Essay

Business Context

...Business Context Clothing Market in the UK: Do consumers make choices primarily on the price of goods or do they take into consideration a non-price factors? Amy Daniels, Justas Kasparaitis, Lukeman Miah, Yamini Snigh and Aleksandra Zwierzewicz TUTOR: Dr. Rukhsana Kansar Date: 31.10.2014 Word Count: 2263 08 Fall TABLE OF CONTENTS: 1. EXECUTIVE SUMMARY 2. INTRODUCTION 3. MAIN BODY: 3.1 . MARKET CHARACTERISTICS 4.1.1. Economic framework 4.1.2. Legal framework 3.2 . CONSUMER BEHAVIOUR 3.2.1. Consumer confidence 3.2.2 Service convenience 3.2.3. Legal remedies 4. CONCLUSION 5. REFERENCES 1. EXECUTIVE SUMMARY This report aimed to investigate whether consumers make choices primarily on the price of goods or whether they take into account a non-price consideration. Report consists of two main parts- market characteristics and consumer behaviour; it shows that non-price factors play a crucial role in consumer behaviour. Changes in economic, legal and political structures have caused an emergence of e-commerce and the decline in High Street sales. Furthermore, the current analyses show that soon e-commerce will take over ‘bricks and mortar’ sellers. 2.......

Words: 3011 - Pages: 13

Premium Essay

Global and International Business Contexts – Sm0269

...Global and International Business Contexts – SM0269 W13012208 Jack Goddard Word Count: 3457 Table of Contents Introduction 3 Part 1: Porter's National Diamond Analysis 3 Part 2: Contemporary Management Issues 7 Part 3: Market Entry Strategy 11 Recommendation to the Board of Directors…………… ……………………………… ….13 Appendices 14 References 15 Introduction This report has been written by the Boston Consulting Group and uses Porter’s national diamond analysis model to evaluate the attractiveness of investment opportunities in the Tunisian wine industry. Also discussed are two key management issues that need to be taken into account before developing operations in Tunisia followed by recommendations on two strategies for entry into the Tunisian wine industry market. In terms of background to this report, it should be noted that the global market for wine industry is changing significantly with substantial differences in the structure of the wine industry around the world. For instance, there are 232,900 wine producers in France but the top 10 brands control only 4% of the market. In contrast, four firms control over 75% of the Australian wine market. Hence there is a marked difference in industry structure when comparing the “New World” producers (e.g. Australia, Chile, United States) to the “Old World” firms. These structural differences are driven by......

Words: 3893 - Pages: 16

Premium Essay

Global & International Business Contexts

...2011). In 2006, loose forms of FDI regulations were presented in the retail segment, permitting 51% proprietorship in retail trade of single brand retailing and 100% proprietorship for wholesale trading of cash as well as carry items (Mann & Byun, 2011). Likewise, it is predicted that the Indian retail industry will develop at a rate of 13% every year, from $322 billion in 2006-2007 to $590 billion in 2011-2012 (Mann & Byun, 2011). With the Indian government going about as a strategist, the Indian retail industry is in an exceedingly dynamic state. Albeit past analysts have researched the Indian market, the available data is shattered into fragments and not much is known about the Indian food retail division, which exhibit a noteworthy business potential for foreign retailers. The continuous retail schemes and changed trading/market environment with an increased liberalised retail trading regulation demands a relentless monitoring as well as a systematised review. 2.1 THEORETICAL FRAMEWORK: Porter's (1990) diamond model delivers an outstanding system to analyse the competitiveness of a specific industry within a nation (Mann & Byun, 2011). The model has been practiced in a wide array of industries as its implications for advertisers, law makers and the government for outlining long haul improvement of a country's competitive advantage (Mann & Byun, 2011), including open and transitional economies (Mann & Byun, 2011). Porter (1990) suggests that the attributes of the......

Words: 3769 - Pages: 16

Free Essay

Business Environment in the International Context (Hmv)

...which has a direct effect on the business or industry, such as customers, staff, rivals and etc. The microenvironment is also not confined to one country either because in today’s market suppliers for example often come from all over the world. The effect of the microenvironment is often what leads a business to be a success or failure. The main players in the music retailing industry are Apple, Amazon and HMV (Datamonitor, 2007). The biggest and most recently change in the music industry has been its distribution channels. The only way music could once be purchased was through buying a CD from a music retailer. Now music can be downloaded via a computer, mobile phone etc. The online distribution of music has been such a strong factor it has forced the industry to reconsider and change its distribution channels (Meisel & Sullivan, 2002). 30% of all music purchases are now done through an online retailer such as apple, amazon etc (IFPI, 2011). ITunes which is owned by Apple who currently have 66.2% market share (TheWallStreetJournal, 2010). Apples market share though should not be taken for granted. This is because half of people, who use Apple products such as IPhones, IPod, etc, are not aware they can use alternative providers to download music (Allen, 2009). Due to the competition within this industry some companies are being forced to diversify (HMVGroupPLC, 2011) Macro-environment This is the environment which the industry and business has none too little......

Words: 2513 - Pages: 11

Premium Essay

Global Business

...Global Business Mark D. Howard BUS 452 F Global Business Professor Benjamin Tolbert Talladega College September 9, 2015 Abstract In this paper I will be discussing the different aspects of Global Business. I will define what is meant by “Global Business” and also the general international business environment. Today’s great business opportunities, and also the greatest challenges we face, are global in nature and therefore demand leaders who are also global. But what does “global” really mean? Truly global leaders act as bridge builders, connectors of resources and talent across cultural and political boundaries. They don’t just think and act global, they are global. Global Business Global business refers to international trade whereas a global business is a company doing business across the world. The exchange of goods over great distances goes back a very long time. Anthropologists have already established long-distance trading in the Stone Age. Sea-borne trading was commonplace in many regions of the world in times predating Greek civilization. Such trade, of course, was not by definition “global” but had the same characteristics. “Globalization is a long-standing program advocated by the economically advanced nations to free up international trade across the globe through treaties. It has also come to mean the relocation of production or service activities to place that have much lower labor costs. Global business in the past-or currently-does not require......

Words: 1133 - Pages: 5

Premium Essay

The Global Environment of Business: New Paradigms for International Management

...Forces outside the firm’s traditional boundaries are increasingly important in determining the firm’s success. These forces in “the environment of business” differ among nations and over time, continually confronting the firm with new issues that require modifications in strategies and management practices. Managing in the context of turbulence has become an ongoing reality. Readers will learn how to modify their strategies and management practices and adapt to this new reality. SOCIAL FORCES The subject of ethical codes and CSR crystallizes many social challenges. At the one extreme are those who, like Milton Friedman (1970/2001), advocate the guiding principle of shareholder value maximization as the sole determinant of managerial decisions. At the other extreme are those who expound an altruistic philanthropy based on philosophical beliefs concerning universal ethics, such as those related to human rights. Within this range of perspectives, many authors offer distinct typologies for analyzing social forces and for developing appropriate firm responses to each set of social forces. Meanwhile, the rise of activist groups who threaten public criticism and boycotts means that even Friedman’s dictum of maximizing shareholder value now requires a wide range of CSR strategies. Some analysts, such as Porter and Kramer (2006), believe that each firm should create a competitive advantage through appropriate CSR strategies. From this perspective, CSR morphs into political......

Words: 5311 - Pages: 22

Premium Essay

Global Business Context

...GBCGlobal Business Context (BIM) Section (A) 60% of mark Explain how (i) consumer demand for housing (ii) predatory selling of mortgages to the sub-prime market and (iii) mortgage-backed securities generated a housing bubble in the United States of America before September 2007. There were quite a few “players” that helped cause the financial crisis and gave birth to a bubble in the USA’s housing market. One of them is the consumer demand for the housing. Obviously consumer demand was high for people to own their own home in America “with bankers offering home buyers 0%-110% mortgages” encouraging buyers to want to buy a home even more, then with that America tried to meet the demand, supplying more houses due to constructing new ones. Luci ellis said that “Firstly, the US housing construction boom itself helped create this vulnerability. In contrast to some other countries, strong housing demand was met with additional supply that exceeded underlying needs. When the boom stopped, the United States was left with an overhang of excess supply that other countries have not built up” so By the end of that year, housing starts had fallen by around 40% “ therefore in the end the supply was greater than the demand and the US had spent money on houses that no one needed. However Paul Krugman, (September 2009) said that “Few economists saw our current crisis coming, but this predictive failure was the least of the field’s problems. More important was the profession’s......

Words: 1617 - Pages: 7

Premium Essay

International Business

...LL.M INTERNATIONAL BUSINESS TRANSACTIONS LAW 5901 Kazakhstan Institute of Management, Economics, and Strategic Research School of Law REQUIRED TEXT: International Business and Trade [4th ed.] Ricky W. Griffen, Michael W. Pustay COURSE MATERIALS: International Business Transactions REQUIRED TEXT: International Business and Trade [4th ed.] Ricky W. Griffen, Michael W. Pustay COURSE MATERIALS: International Business Transactions KIMEP SUMMER I 2010 COURSE NUMBER: LAW5901 COURSE NAME: INTERNATIONAL BUSINESS TRANSACTIONS CLASS TIME: MTWTHF 20:15 – 21:45, HALL, NEW BUILDING FINAL EXAM: WEEK SIX; Time and date TBA KIMEP SUMMER I 2010 COURSE NUMBER: LAW5901 COURSE NAME: INTERNATIONAL BUSINESS TRANSACTIONS CLASS TIME: MTWTHF 20:15 – 21:45, HALL, NEW BUILDING FINAL EXAM: WEEK SIX; Time and date TBA Instructor: Prof. Dr. John JA Burke BA, JD, Ph.D. E-Mail: Office: 119, New Building Hours: Appointment Only Instructor: Prof. Dr. John JA Burke BA, JD, Ph.D. E-Mail: Office: 119, New Building Hours: Appointment Only INTRODUCTION AND OVERVIEW Joseph E. Stiglizt, the winner of the 2001 Nobel Prize in Economics, states, “We have a process of “globalisation” analogous to the earlier processes in which......

Words: 2119 - Pages: 9

Owari no Seraph S2 | Streaming New Initial D Film : Legend 2 – Dokusou VOSTFR | All Listings