Norway week 2 discussion
There are five websites which will provide
starter information on which to develop your discussion points for
International Business below. Two are diverse rankings lists; the other
three are to assist you with research:
Rankings Lists:
Forbes’ List: http://www.forbes.com/best-countries-for-business/list/#tab:overal
World Bank Lists: http://www.ibtimes.com/international-business-opportunities-trends-top-countries-consider-214068
Research Sources:
https://www.export.gov/welcome
http://globaledge.msu.edu/global-insights/by/country
http://www.operationworld.org/countries-alphabetically
Some
of the countries are ranked high on the Forbes’ list of countries for
doing business; while these same countries are ranked lower on the World
Bank list. It will be up to you to discern why the discrepancy. Each
week we will review a country and answer the following questions:
1.
What would make this country an attractive region or market in which to
enter, depending on the type of opportunities your firm is considering?
What are cultural influences, including customs and business etiquette
in this international market, will affect business practices?
2. If you were to want to start trading with this country, with what type of entry strategy would you begin?
3.
What kinds of local representation or institutional support would you
need available to you to help you navigate any unforeseen obstacles and
explain the laws and contract provisions in order to conduct business
and protect your assets?
4. What are some of the limitations
(economic, infrastructure, technological) in establishing this exchange
relationship (for example, currency fluctuations, or import/export
timelines)?
5. What opportunities and limitations are there for
communicating the gospel of Jesus Christ? What would be a focus for
prayer? Be sure to review the Operation World link above.
Weekly Discussions
Forbes’ Rank and Name
World Bank Top Ten
Week 1
#1 Denmark
Top Ten Ease of Doing Business
Week 2
#3 Norway
Top Ten Ease of Doing Business
Week 3
#8 Singapore
Top Ten Fastest Growing Economies; Lowest Trade Restrictiveness
Week 4
#11 Hong Kong
Top Ten Lowest Trade Restrictiveness
Week 5
#25 Israel
Top Ten Lowest Trade Restrictiveness
Week 6
#54 Turkey
Top Ten Lowest Trade Restrictiveness
Week 7
#94 China
Top Ten Fastest Growing Economies
Week 8
#103 Burkina Faso
Top Ten Fastest Growing Economies; Real Trade Growth
