Question
1. You are hired as a business consultant for a UK auto company that is considering international expansion post Brexit and pandemic challenges. Investing in
1. You are hired as a business consultant for a UK auto company that is considering international expansion post Brexit and pandemic challenges. Investing in countries with different traditions is an important element of this company's long-term strategic goals in addition to its key profit objective. As such, the management has selected two key factors (1) political system and (2) culture & ethics which you are tasked (Task-1) to discuss in terms of its impact on the attractiveness and risks of location choice of host countries. Additionally (Task-2), the management would like you to select any one factor (from the list below) that may also influence the choice of location decision. Discuss briefly the attractiveness, the risks and potential mitigating strategies for the selected factor with examples. (1) Currency (2) Trade Blocs
2. The chart below illustrates the forecasted Gross Domestic Product of India from 2022- 2026. (1) Explain with examples, how taking steps such as privatization and deregulation (economic transformation) may affect the efficiency of business and the rate of economic growth in an economy such as India? (2) Are there any other steps you could advise on that may further speed up the transition and achieve the forecast growth? Briefly discuss with examples.
th USD 3 4 2 2017 2018 2019 2020 2021 - India (forecast from 2022) 2022 2023 2024 2025 2026Step by Step Solution
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