Question
AC4.1: Review the current environment in which global business organisations are currently operating in a specified country (Canada) Firstly, select a specified country that you
AC4.1: Review the current environment in which global business organisations are currently operating in a specified country (Canada)
Firstly, select a specified country that you wish to analyse and review (summarise) the current business environment for this specified country. There is no further specific guidance, however, you may want to consider some or all the following: current and planned economic integrations. Current and planned tariffs and other trade barriers. Current and planned corporate taxation. Relevant and current elements of the four major risks (including currency risk). Current and relevant projects and initiatives of the World Trade Organization (WTO).The current and relevant actions of relevant business cartels, and the current cost of financing a firm's operations with debt that may include commentary on the current and future actions of central banks. Ensure that these topics relate to the country you have selected and only to this country or this country and other countries if you are using other countries as a comparison. Remember that your country of choice will reside within an area of economic integration, and you should take the polices etc. of this region of economic integration into account.
AC4M1: Discuss strategies to address issues affecting business activities in a specified country( Canada)
- Bearing in mind, and building on your review in the previous activity, and using the same selected country as the previous activity.Discuss (using an analysis, for example, advantages and disadvantages) the adoption of different strategies and business models for a small variety of different types of businesses within your specified country.
- You may want to consider a firm that is domestically focused and imports many components for its products to sell within the home country versus a home country firm that uses mainly home country sourced raw materials but relies on a strong export market for its revenue. You may use actual examples of real-life 'companies or simply analyse types of firms in a manner like above.
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