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Assume that you are the business manager of a Canadian real estate company that is called Building Dynamics. The owners of Building Dynamics have decided
Assume that you are the business manager of a Canadian real estate company that is called Building Dynamics. The owners of Building Dynamics have decided to expand the business and go internationally. The CEO asked you, as a business manager, to scan the environment of two potential countries (the USA and China) for the most suitable environment for a Canadian real estate company. Here's a list of the activities Building Dynamics is supposed to be doing when it expands internationally: 1. Buy spaces of land and build buildings and houses 2. Acquire small real estate companies 3. Buy buildings, equipment and materials 4. Hire local engineers, administration and construction workers 5. Open bank accounts and involve in various financial transactions 6. Apply for building licenses and receive approvals from different government bodies 3. In one page, explain the effect of the highlighted international events (COVID-19 and the Russian-Ukrainian war) on the Canadian, American and Chinese real estate companies under the umbrella of globalization ( 7 marks)
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