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1. A company from Germany is trying to get a license from the government of a Ghana to set up a factory in here
1. A company from Germany is trying to get a license from the government of a Ghana to set up a factory in here in Ghana. The benefits that Ghana will derive from the locatio n in her territory are numerous: it will reduce the unemployment rate in an environment w here majority of the youth are idling about, produce exports for the country and allow the country to earn valuable foreign exchange, aside reducing imports and influencing a drai n in foreign exchange. So far the government official with whom the firm is negotiating has been non-committa I, neither rejecting nor approving the request. He has been asking for more information th us delaying the process of certification. The German company has been told that buildin g relationships are significant in Ghana and that if the son of the said government offici al is employed as an executive member of the company, he could use his influence to sp eed up the process of license acquisition to the betterment of both the German company and Ghana. i. With your in-depth knowledge in international business transactions, discu ss any two challenges the company would be confronted with in its dealin gs with the government official's son. Suggest two strategic decisions that management should take to solve the identified challenges German compa (10 marks) ny. ii. List and explain four bebnefits that the firm would gain by employing the s on as the head of Ghana mission. (10 marks)
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