BUS201 FALL 2017
Assignment title: International Business Project
Mr. Costas Ellinas.
Republic, Ukraine and Venezuela are three of the most high-risk countries for
doing business because of their unstable political and economical environment.
let’s start with Venezuela a North America country. In 2013 Nicolas Maduro was elected
president from the same political party (Chavistas – Leftist) late president
Hugo Chavez was. Maduro is being accused
of eroding Venezuela’s democratic institutions and mismanaged its economy. Maduro
held a total of 11 elections, while they concentrated executive power,
destroyed the system of checks and balances and curtailed civil rights*. 22 people were killed* in protests against
governments actions which implicates the military-controlled government of Venezuela.
to many sources is the worst country to do business in. Is on the bottom of the list in Global
Resilience Index with 0 score*, ranked as the most risky emerging market in the
world * and after Mexico is the most violent country with rate of murder 91.8%
per 100.* By IMF Figure, it has the world’s most negative growth (-8%) and the
world’s worst inflation rate (482%). Foreign Policy* Base Yield Index ranks
Venezuela as last due to low returns that investors receive when investing in
second country I identify is South Sudan, the newest nation of the world. South
Sudan civil war is a conflict between government forces and the opposition
to UN; tens of thousands have been killed, 2500 children have been recruited
and sexual and gender-based violence is increasing*. Civil war had a very bad
impact on South Sudan economy. Before the civil war, government debt was 3.9
and increased to 8.1 billion by the end of 2014. South Sudan’s inflation rate
hit 830 per cent in late 2016, and the South Sudanese pound has been on a free
government spends a large part of its national budget on arms. 100.000 people
are facing starvation and 5 million people are at risk of famine. Although a
peace agreement was signed in 2015, peace is uncertainty as the clashes between
the two sides continues.
and last country I identify for this report is an Eastern Europe country and
member of the ex-Soviet Union, Ukraine. Ukraine’s debate after Soviet Union collapse
was always to choose between east and west which that translates between Russia
and EU (European Union).
between government forces and pro-Russian rebels are still on track with many
civilians deaths from 2014 until today. Russia and EU interest to have close
relationship with Ukraine divided the country’s population. 70 percent of
Ukrainians are Ukraine-speaking and the other 30 percent Russian-speaking. Many
international countries including United States, Germany and United Kingdom
accuse Russia for Crimea’s incident back in 2014 and for supporting the rebel
to Corruption Perception Index*, Ukraine is first in corruption ranking in
Europe and the most risky country in Europe (FM). Political instability
continues with the resignation of Prime Minister of Ukraine in 2016. Today, the
situation is slightly improved due to the support of International Monetary
Fund and European Union but factors such as corruption which is a major problem
in Eastern Europe countries and the political;-military threat of Russia must
be considered very serious.
the term Anti-globalization movement we mean the international social movement
network that occurred after the protests in Seattle, 1999. This global movement
represents people from different ideological beliefs and orientations that are
against neo-liberalism which promotes unbound markets and free trade
of the major arguments of the movement is that globalization has led to an
increase of environmental pollution and damage.
Due to globalize industrial activity, human-made chemicals are thrown
into the soil and there is a growth of polluted plants. This affect also
animals, plants and humans and there is a high risk for developing
pollution-related diseases. At
sufficient dosages a large number of soil contaminants can cause death by
exposure via direct contact, inhalation or ingestion of contaminants in through
argument regarding globalization is the low wages of the workers in global industries.
The anti globalization movement argues that in developing countries workers are
paid less of their actual production and that the working conditions are bad.
On the other hand supporters of globalization claim that if the workers weren’t
been employed by big industries would earn less than their current wage.
A) Cyprus pound lira was replaced on January
2008 by Euro at the fixed exchange rate 1EUR=0585274. 1 USD= 0.49268 CYP
Kenyan Shilling(KSh) 1 KES= 0.00970 USD
Dubai Dirham to USD : 1 AED = 0.27229
Japanese Yen to USD: 1 YEN= 0.01 USD
B) There is no official mission of Hewlett
Packard Corporation but this is expressed through the “HP WAY”. Our Corporate
Objectives: Customer loyalty. We earn customer respect and loyalty by
consistently providing the highest quality and value. Objectives are the follow:
We achieve sufficient profit to finance growth, create value for
our shareholders and achieve our corporate objectives. We recognize and seize
opportunities for growth that builds upon our strengths and
operates more than 770 sites in 95 countries. Their operations include and the
five regions. Some of the countries that HP operates: Singapore, Canada,
Cyprus, South Africa, Israel, Lithuania, Greece, Slovenia, Germany, Japan.
C) Bulgarian economy has experienced
rapid growth in recent years reaching estimated gross domestic product (GDP) of$152 billion (PPP, 2017 est.), GDP per capita of $21,498(PPP, 2017 EST.)
The GDP per Capita in Cyprus is
equivalent to 224 percent of the world’s average and GDP is 23,324.20 USD.
China’s currency is Renminbi(RMB). China does not have a floating exchange rate that
is determined by market forces, as is the case with most advanced economies.
Instead it pegs its currency, the Yuan (or renminbi), to the U.S. dollar. The Yuan
was pegged to the greenback at 8.28 to the dollar for more than a decade
starting in 1994.
D ) India has four national holidays: Republic Dayon 26 January, International
Workers’ Day on 1 May, Independence
Day on 15 August and Mahatma Gandhi’s birthday on 2 October.
the secular holidays of Republic Day, Independence Day and Mahatma Gandhi’s
Birthday are observed nationally. Public holidays in India tend to be observed
on a strictly regional basis. The above dates are Government of India holidays,
when government offices will be closed nationwide. In addition, there are
numerous festivals and fairs which are also observed in some states as
holidays, the dates of which change from year to year. Muslim festivals are
timed according to local sightings of various phases of the moon and the dates
given above are the latest known dates. Although not government official
holidays, Christmas Day and New Year’s Day are observed nationally.