Cross Cultural Management Plan 2
Jason Campbell
14SU MBAC 6163 B
8/24/2014
Dr. Hammond
Letourneau University
Individual Cross-Sectional Cultural Management Plan
North America-Mexico
EXECUTIVE SUMMARY
México is a country located within the southern region of North America. Mexico’s comprised of approximately 1.96 million sq. km and is home to 120,286,655 Spanish-speaking Mexican souls. Mexico’s spans three time zones and has thirty-one states for local administrative authority. Mexico has had several previous constitutions with the latest approved February 5, 1917, that has been amended many times the last amendment was in 2014. Mexico has a president elected by popular vote for a single six-year term. “Mexico's $1.3 trillion economy has become increasingly oriented toward manufacturing in the 20 years since the North American Free Trade Agreement (NAFTA) entered into force.” (Mexico) Mexico has an annual GDP of 1.845 trillion in 2013 with a real growth rate of 1.2% and a PPP of $15,600 within the same year. Mexico’s GDP composition by sector of origin is arranged as 3.6% agriculture, 36.6% industry, and 59.8% services in 2013. Mexico’s unemployment rate in 2013 was at 4.9% with 52.3% of the population living below the poverty line. Mexican drug cartels are active in the transportation and production of drugs such as heroin, marijuana, and cocaine. Most drug trafficking travels from South America up to Mexico to await its eventual destination into the United States where it achieves a higher price. Stats from this section came from the CIA World Fact book.
SITUATION ANALYSIS
Mexico can provide cheaper manufacturing labor that can be acquired within the United States. Making use of the NAFTA treaty between the United States, Mexico, and Canada there would be no import/export taxes on goods assembled or made in Mexico and then transported to the United States for sale. This is the same reason large automobile manufacturing firms started producing in Mexico, and now Japan and
14SU MBAC 6163 B
8/24/2014
Dr. Hammond
Letourneau University
Individual Cross-Sectional Cultural Management Plan
North America-Mexico
EXECUTIVE SUMMARY
México is a country located within the southern region of North America. Mexico’s comprised of approximately 1.96 million sq. km and is home to 120,286,655 Spanish-speaking Mexican souls. Mexico’s spans three time zones and has thirty-one states for local administrative authority. Mexico has had several previous constitutions with the latest approved February 5, 1917, that has been amended many times the last amendment was in 2014. Mexico has a president elected by popular vote for a single six-year term. “Mexico's $1.3 trillion economy has become increasingly oriented toward manufacturing in the 20 years since the North American Free Trade Agreement (NAFTA) entered into force.” (Mexico) Mexico has an annual GDP of 1.845 trillion in 2013 with a real growth rate of 1.2% and a PPP of $15,600 within the same year. Mexico’s GDP composition by sector of origin is arranged as 3.6% agriculture, 36.6% industry, and 59.8% services in 2013. Mexico’s unemployment rate in 2013 was at 4.9% with 52.3% of the population living below the poverty line. Mexican drug cartels are active in the transportation and production of drugs such as heroin, marijuana, and cocaine. Most drug trafficking travels from South America up to Mexico to await its eventual destination into the United States where it achieves a higher price. Stats from this section came from the CIA World Fact book.
SITUATION ANALYSIS
Mexico can provide cheaper manufacturing labor that can be acquired within the United States. Making use of the NAFTA treaty between the United States, Mexico, and Canada there would be no import/export taxes on goods assembled or made in Mexico and then transported to the United States for sale. This is the same reason large automobile manufacturing firms started producing in Mexico, and now Japan and