SCHOOL OF BUSINESS Course Name : International Business Course Code : CSAD 471 Student Name : Francis K. Adu-Boahen Index No : 10135024 Mid-Semester Assignment ANSWER 1 International trade allows a country to specialize in the manufacture and export of products or services that it can produce or services efficiently‚ and import products that can be produced more efficiently in other countries The various theories have differing prescriptions for government policy on trade. Mercantilism
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POLITICAL1.Government campaigning against drinking and drivingHard-hitting campaigns and stiffer penalties have helped to reduce the number of roads accidents‚ deaths‚ injuries and damage. Campaigns have aimed to raise awareness of the legal situation and the dangers of driving while intoxicated. In most international jurisdictions‚ anyone who is convicted of injuring or killing someone while under the influence of alcohol or drugs can be heavily fined‚ as in France‚ in addition to being given a
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1.1 Using the PESTEL framework‚ identify and discuss the key factors in the macro environment that influence the tourism industry. Political: A large influence on the tourism industry can be the stability of government. If the government in unstable it can be viewed as dangerous and unpleasant to visit. This can have a huge impact on that countries tourism numbers. Some governments also choose to make shopping tax-free for tourists‚ as tourists have the right to claim back VAT (Value-Added Tax)/GST
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Prior to 1863‚ Cambodia had a monarchical government by King Norodom. In 1863 Cambodia became a protectorate of France‚ although Cambodia retained quite a lot of autonomy. Once France colonized Cambodia they installed a “Resident-General” who had a significant amount of power. In 1884‚ King Norodom signed a treaty giving the French near total control over Cambodia. In 1897‚ the ruling Resident-General asked the French authorities if he could take the kings power‚ because he felt that the king
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Based on your research‚ assess and prioritise the main macro and micro external issues facing Louis Vuitton in 2014. As a minimum you should employ PESTLE and the Five Forces Framework. Political factors Political factors are a crucial factor of LVMH‚ which causes a great influence on the market environment. New policy‚ business rules and the regulation have deep rooted influences on LVMH development in UK market. According to The Economist (2009) VAT has increased which created a threat to
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Observations on Corruption in Cambodia In 1993‚ with the constitutional monarchy restored in Cambodia‚ Sihanouk became the king once again. The whole country were cheerful‚ as they finally saw the dawn of peace. Having suffered ravages of war for nearly half a century‚ Cambodia‚ which used to be called as “oasis of peace”‚ was not flourished any more. Cambodian economy withstanding the devastating strike‚ this country had become one of the least developed countries in the world. Under the leadership
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present in Cambodia at this time were drastically changed. Over a million people were forced to relocate out of Phenom Penh and were placed in labor camps located far from their original homes. Likewise‚ millions of people were murdered to give rise to Pol Pot’s standard for the nationalization of the country. Prominent figures that gained massive followings were considered a threat to the society Pol Pot was attempting to create. Strict control was taken over the people of Cambodia as forms of
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Agriculture Organization of the United Nations Organisation des Nations Unies pour l ’alimentation et l ’agriculture Organización de las Naciones Unidas para la Agricultura y la Alimentación FID/CP/KHM March 2011 NATIONAL FISHERY SECTOR OVERVIEW CAMBODIA 1. GENERAL GEOGRAPHIC AND ECONOMIC DATA Area Permanent fresh water area3: EEZ area: Length of continental coastline Population (2007): GDP at purchaser ’s value (2008): GDP per head (2008): Agricultural GDP (2008): Fisheries GDP (2008): 2. FISHERIES
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PESTLE Analysis Political Factors “A Healthier You” Government Strategy Reporting of organic prices. Safety Inspections Services. Evaluation: POSITIVE impact Economic Factors GDP: ↑ 3.9% in the 3rd qtr Real Personal Consumption expenditures ↑3.0% in 3rd qtr Disposable Personal Income ↑ 6.1 % in the 3rd qtr US Business Cycle: At “slump”/ Wages/Labour European Markets: Weak dollar against Euro‚ Surging Energy Prices‚ Increasing Interest Rates Evaluation: MODERATE impact PESTLE
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Economic history of Cambodia Cambodia was a farming area in the first and second millennia BCE. States in the area engaged in trade in the Indian Ocean and exported rice surpluses. Complex irrigation systems were built in the 9th century. The French colonial period left the large feudal landholdings intact. Roads and a railway were built‚ and rubber‚ rice and corn grown. After independence Sihanouk pursued a policy of economic independence‚ securing aid and investment from a number of countries
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