1.0 Introduction This report examines three essential elements of an importing country, including socio-economic, political background and business environment. And this report only analyses and compares two target countries: Japan and Saudi Arabia. Based on these demonstrations, a weighted index of market potential is presented, which provides an indication for Capuka Honey company to select an optimal overseas market for its Manuka honey products. 2.0 Economic Environment 2.1. economic endowment Table 1: Country fact sheet Japan Saudi Arabia Land area 377,899 sq km 2,150,000 sq km GDP (purchasing power parity) $ 5,262,000 million $ 1,757,728 million GDP per head (purchasing power parity) $ 41,188 $ 56,469 population 127.7 million 31.1 …show more content…
Additionally, the reason why Japan scores higher is that Japan has several advantages while Saudi Arabia has not, such as a larger population, an easier transportation, a greater GDP, a free market economy, a more stable society, a larger share of imports for honey products, and a lower trade barrier. Table 3: the weighted index of market potential for Japan and Saudi Arabia Variable Weighting Japan Saudi Arabia Score Adjusted Score Score Adjusted Score Economic endowment 15% 9 1.35 5 0.75 Economic stability 20% 6 1.20 8 1.60 Democratic level (economic freedom) 10% 9 0.90 4 0.40 Political stability 20% 6 1.20 5 1.00 Potential market 25% 8 2.00 6 1.50 Trade barriers (taxation & tariffs) 10% 8 0.80 5 0.50 Total 100% 46 7.45 33 5.75 6.0 Conclusion This report has outlined the economic, political and business environments in Japan and Saudi Arabia and evaluated their market potential for exporting Australian Manuka honey products. Based on this analysis and the weighted indexes, I recommend Japan as a more potential foreign market because Japan has a larger size and better features of the economy and a sounder and more stable social system for
This paper explains the U.S. financial system to CFO of Jagdambay Exports. I will explain the following questions. 1. Explain the components of a financial market and its relevance to Jagdambay Exports. Be explicit and explain to the CFO how financial markets differ from markets for physical assets and why that difference matters to Jagdambay Exports.
Contents Terms of Reference 2 Procedure 2 Findings 3 Current Structure 3 New Structure 4 Employee Relationships 4 Instructing Staff 5 Contingency Variables 5 Conclusion 6 Recommendations 6 References 7 Appendix A 8 Terms of Reference I am a HNC business student. I am writing this report as part of my course. This assessment covers outcome 4 of the Managing People and Organizations' class.
The exportation of seal based products account for
Australian Gross Domestic Product (GDP) is ranked 15th in the world retrieved from http://www.focus-economics.com. Australia is an open market with minimal restrictions on imports of goods and services. The process of opening up increased productivity, stimulated growth, and made the economy more flexible and dynamic which has helped stabilized their economy to this day
An estranged daughter returns to her hometown to help take care of her depressed teenage sister, who almost killed herself, as she must struggle with buried family secrets and a distant mother. BRIEF SYNOPSIS: HONEY WILSON (28) returns to her hometown in Copper Canyon to visit her sister ROSE WILSON (16) who suffers from depression. Rose took too many pills and alcohol. She’s under psychiatric care. Honey’s mother, RUTH WILSON, (50’s) isn’t happy to see Honey.
Abstract The purpose of this assignment is to critically analyze the context of Apple’s new product, ‘The Apple Watch’ and prepare a Marketing Feasibility Study in order to assess the viability of introducing in the new product range into the UAE market place. Data Introduction Apple Inc. is an American multi-billion dollar corporation that internationally produces computer software, cellular devices and consumer electronic products. Items such as the iPod, the iPhone, the Macintosh desktop computers and the iPad are easily recognizable by society.
My perspective about this is each an every country has to firstly improve its relantionship with the people in the country and treat the high class and low class people the same basically give justice to both of them this way the country wouldn’t end up with poverty and dangerous crimes occurring in the country. Second of all, the country has to be well-prepared or atleast have the money and the space to use whenever needed. More over, each country has an advantage that helps it stay stable so why don’t you used it in a way that will advantage your country ? or why don’t you develop it into something more valuable so it can be traded, exported etc and that way the country’s economy will also get improved for example UAE is the major source of oil and petrol, Egypt is one of the major sources for plants and
A product may have a higher perceived value in India compared in Australia. A common brand may have a perceived high
http://searchenginewatch.com/article/2174005/CIVETS-New-Global-Marketing-Opportunities-in-Emerging-Economies Advantages and disadvantages BRICs Advantages Our membership to BRICS is anchored on three pillars, namely: • To advance our national interests; • To promote regional integration and related infrastructure programmes and • To partner with key players of the South on issues of global governance re-forms. It is for this reason that, amongst others, our country launched the New Growth Path framework in 2012, to help us achieve inclusive growth and create jobs.
Strengths: The major strength of The kingdom of Saudi Arabia relies heavily on its strategic location. As it is the birthplace of prophet Mohammed and the birth of Islam, it has great antiques and history that is appreciated by Arabs, Muslims and everyone around the world, as the history of the Arab peninsula goes back to more than 1400 years. This provides tons of historic information and antiques that will attract tourists around the world. Another strength is the constant visits from Muslims throughout the year, which will motivate the Saudi government to be on a constant road to development to provide ease for visitors when performing religious rituals.
For understanding the market and country the best way is the PEST where, Political, Economic, Social and Technology analysis. Nanette Bulger has said "There are political, environmental and social issues that are very different from country to country, so you must understand the comprehensive intertwined dynamics of the market you 're in and how the dynamics of one market may affect that market as well as another," Reference. When moving country to country a company may reveal what kind of barriers are there on foreign market, but its company’s ability to produce various products which holds current market share and future market of the country. United Arab Emirates (UAE) has stable political environment. Government structure of UAE is immature and dynastic in nature.
Some of the harvests that rely on bees include nuts, soya beans, onions, carrots, broccoli and sunflowers to apples, oranges, blueberries, cranberries, strawberries, melons, avocados, peaches. Including cotton, the entire industry of pollination brings in about $60 billion a year, an average $15 billion of which in the United States alone. (Benjamin and McCallum, 4) An industry this crucial, that which is a foundation for several other industries to thrive, should be maintained and studied to prevent a snowball effect of the decay of industries. Unfortunately, the honeybee industry has been dying at an alarming rate.
• In China, government regulation and policies regarding food products are very strict due to various food safety scandals in recent years. All biscuit manufacturers have to reach the state standard requirements for quality, packaging etc. (IBISWorld, 2010). In order to meet the tightened regulatory requirements on food quality and environment protection, this would require huge investment in stringent quality and hygiene control measures for new entrants (Euromonitor, 2014). • Existing competitors that have achieved economies of scale in production has an advantage over new entrants in terms of the burdening of overall expenditures
PORTER 'S FIVE FORCES MODEL OF FRUIT JUICE INDUSTRY COMPETITION BETWEEN EXISTING COMPETITORS: - Mango pulp industry has been entered a phase of rapid development. The consumers are more education and health conscious. The product has been recognized by the public. At present, the mango pulp market, there are more competent competitors, the variety of products in various segments both leader, but lack of a strong brand. Large enterprises are faced with the plight of lower profits while SME 's in the capital, channel, product and other areas subject to significant competitive pressure, coupled with the impact of a price war.