Mercosur and Venezuela
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As a Venezuelan business owner (you may select the specific business of your choice), you are very interested in the fact that Venezuela has recently been accepted as an associate member of MERCOSUR (July, 2004). You need to prepare your operations in view of this new reality.
Develop a plan for your business that will be implemented as Venezuela becomes part of MERCOSUR. Your business plan should include the following:
* Benefits and drawbacks for the country of Venezuela as a result of their membership in MERCOSUR
* Benefits and drawbacks for your business as a result of their membership in MERCOSUR
* What adjustments will need to be made to your business as a result of this?
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Solution Summary
As a Venezuelan business owner (you may select the specific business of your choice), you are very interested in the fact that Venezuela has recently been accepted as an associate member of MERCOSUR (July, 2004). You need to prepare your operations in view of this new reality.
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Benefits for the country of Venezuela as a result of their membership in MERCOSUR:
The major benefit to Venezuela as a result of membership to Mercosur is the fact that it will become part of a trade agreement involving several nations. Membership of MERCOSUR will allow Venezuela's businesses to exploit growth opportunities in member nations. Removal of trade barriers and establishment of free trade zone among member nations will allow Venezuela to expand its presence in other countries that are member of the treaty.
Further, Venezuela will also benefit from access to low cost sources of capital for developing infrastructure in the country. Further, apart from financial resources, Venezuela will also benefit significantly from access to technical and other resources to improve the infrastructure and other developments in the country.
A major benefit to Venezuela by joining Mercosur is access to a very large and attractive market in Brazil. Opportunities exist for Venezuela to exploit growth opportunities in several industries in Brazil.
Benefits for your business as a result of their membership in MERCOSUR:
My business is a software development ...
Education
- BComm, University of Delhi
- Post Graduate Diploma in Management (Equivalent to MBA), All India Management Association
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