Social, cultural, political, legal factors
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I have these facts pulled about moving business to operate in Mexico. I just need help making these below into sentence without bullet points and reference to APA style.
Subject: Social, cultural, political, legal factors that could lead to opportunities or threats
(1) Social or cultural factors:
- greater emphasis on maintaining employment rather than increasing wages
- existence of a large small-business sector
- availability of skilled labor
- segmentation of the labor market into a formal and an informal one
- wide variability in access to financing (e.g. loans)
(2) Political factors:
- barrier to competition/private oligopolies
- labor market regulations inhibiting reallocation of labor
- limited access to financial support of the government leading to the usage of nonconventional financing source
- reliance of the national financial system on the export of oil
- state intervention when necessary
(3) Legal factors:
- procedures to settle disputes between the employer and employees are protracted and uncertain
- nonuniform level of enforcement of creditor rights across states
- insufficient transparency of banking system
- industrial standards and
- import licensing to bar foreign firms' competition
References for all three categories:
- IMF Country Report No. 06/351, October 2006
- Mexico country overview, The World Bank Group, 2006
- Mexico Case Study - Analysis of National Strategies for Sustainable Development, June 2004
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Social, cultural, political, legal factors are discussed in great detail in this solution.
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There are several social factors that can lead to threats and opportunities. One of these is that the country places greater emphasis on maintaining employment than on increasing wages. In addition, there is the existence of a large small-business sector that could provide strong competition. The labor market is designed into two sectors, the formal and the informal sector. There is wide variability in access to financing and ...
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