Purchase Solution

Explain the most popular or successful type of industry

Not what you're looking for?

Ask Custom Question

Homework Help

Please answer the questions below, for two countries, Ecuador and North Korea.

Note that each question must be answered for both countries.

1. Explain the most popular or successful type of business operations or industry in each country. For example, what is this country known for, and what kind of product or service does it provide (e.g., tourism)?

2. Are most businesses privately owned or government controlled?

3. Explain what role the government of each country plays in business and how that would impact your business and operational practices.

4. Please provide the references you used.

Thank you!

Purchase this Solution

Solution Summary

Explain the most popular or successful type of business operations or industry in each country. For example, what is this country known for, and what kind of product or service does it provide (e.g., tourism)?

Solution Preview

1. Explain the most popular or successful type of business operations or industry in each country. For example, what is this country known for, and what kind of product or service does it provide (e.g., tourism)?

Equador: The most important industry for equador is petroleum. Principal exports are petroleum, bananas, shrimp, flowers, and other primary agricultural products. In 2007, crude and refined petroleum products accounted for 58% of total export earnings. Ecuador is the world's largest exporter of bananas and plantains (about $1.3 billion) and a major exporter of shrimp ($613 million).

Reference: http://www.state.gov/r/pa/ei/bgn/35761.htm

The oil sector has privately owned as well as state owned businesses.

North Korea: Agriculture has been the traditional source of employment or business in the country. Being a communist country, ...

Solution provided by:
Education
  • BCom, SGTB Khalsa College, University of Delhi
  • MBA, Rochester Institute of Technology
Recent Feedback
  • "Thank you. "
  • "Thank you"
  • "Thank you. I got 20/20 last week for my discussion you help me out with."
  • "Thank you. Great Job. "
  • "Thank you. Great Job. "
Purchase this Solution


Free BrainMass Quizzes
Introduction to Finance

This quiz test introductory finance topics.

Writing Business Plans

This quiz will test your understanding of how to write good business plans, the usual components of a good plan, purposes, terms, and writing style tips.

Business Ethics Awareness Strategy

This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.

Motivation

This tests some key elements of major motivation theories.

Organizational Leadership Quiz

This quiz prepares a person to do well when it comes to studying organizational leadership in their studies.