BUS502- Assignment M1A1 -Initial Ideas and Research for the Final Project .docx

BUS502- Assignment M1A1 -Initial Ideas and Research for the Final Project .docx

Info icon This preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
Running head: FACTORS THAT SUSTAINABLE GOODS SHOULD CONSIDER 1 Macropolitical and Macroeconomic Factors that May Influence International Business
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
FACTORS THAT SUSTAINABLE GOODS SHOULD CONSIDER 2 2 Macropolitical and Macroeconomic Factors that May Influence International Business Introduction Macropolitical factors are government actions which can interfere with business activities (Calver, 2013). On the other hand, macroeconomic factors are pertinent determinants of a broad economy influencing aggregate variables such as employment, national product, exchange rate and growth (Calver, 2013). Specifically, the Chief Operating Officer in Sustainable Goods should consider if a political regime supports the private sector, provides liberties, trade agreements and intellectual regulations. He/she should also evaluate the overall cost of running the organization in the target nation. Most importantly, the officer should explore specific cultural constraints that may inhibit the organization’s performance. In essence, both the UK and South Africa meet most of the aforementioned guidelines. In retrospect, this essay explores macroeconomic determinants that an organization such as Sustainable Goods needs to consider when expanding into international markets. Macropolitical Factors In general, regardless of the level of economic development, the Sustainable Goods operations officer will most likely consider similar factors when choosing to invest in the developed and developing nations. In particular, he/she will first examine the political regime of a country. Autocratic governments are not answerable to anyone or accountable. In fact, leaders of this kind of governance can change economic regulations without consulting stakeholders and thereby make it a riskier business environment. However, both UK and South Africa have political systems that favor businesses because the countries enjoy a sustainable political environment. The UK is a constitutional monarchy which subjects leaders to the rule of law.
Image of page 2
FACTORS THAT SUSTAINABLE GOODS SHOULD CONSIDER 3 3
Image of page 3

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 4
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern