Please read attachment.
Conduct a country risk analysis for your selected global business venture. Analyze the following risks in your paper: Describe how you would manage these risks
o Political, legal, and regulatory risks
o Exchange and repatriation of funds risks
o Competitive risk assessment
o Taxation and double taxation risks
o Market risks (four Ps).
Please refer to the attached file for the response.
Conduct a country risk analysis for your selected global business venture. Analyze the following risks in your paper: Describe how you would manage these risks.
Political, legal, and regulatory risks
1. Environmental conditions lack the rules, and regulations that Americans living in the United States enjoy. While India has implemented several laws to combat the deteriorating conditions; it is an uphill battle with almost one billion people living in the country.
Inadequate rules and regulations are risky for any kind of business. Such government rules provide directions and boundaries by which any business would operate.
2. India experiences terrorism threats throughout their country from extremist groups such as Lashkar-e-Taiba, which is a Pakistan-based Islamist group (Headlines, 2010). Most terror threats are either real threats to its people, or can be considered as just idle chatter.
This situation disturbs business activities. It is a deterrent factor for any expansion plan that the business intends to implement.
3. Currently, the government of India operates under the federal republic system where the power rests with the voters who appoint their government officials. The legal system is based on English Common Law however; there are separate personal law codes that apply to Christians, Hindus, and Muslims (Central Intelligence Agency, 2010.
There is too much empowerment is given to people. The same situation may be aimed for by an employee in organizations. If not handled very well (or too much), this may hamper decision making by the management.
4. The country has been described as the land of dreams and romance, of fabulous wealth and fabulous poverty, of splendour and rags, of palaces and hovels, and the country of hundred nations and hundred tongues, of a thousand religions and two million Gods.
This indicates that India is a land where extremes prevail - either one is very poor or very rich; or living in a palace or in shanties. This situation will affect marketing decision particularly, pricing and product decisions.
5. The complexity and variety is the hallmark of India.
This indicates stiff competition people prefer to have many choices for the products ...
The solution provides a country risk analysis for your selected global business venture.