Question
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 political, legal, cultural and economic environment for a Canadian real estate company. Heres a list of the activities Building Dynamics is supposed to be doing when it expands internationally: Buy spaces of land and build buildings and houses Acquire small real estate companies Buy building equipment and material Hire local engineers, administration and construction workers Open bank accounts and involve in various financial transactions Apply for building licenses and receiving approvals from different government bodies What do you need to do as a business manager? Compare, and explain the legal environments in China and the USA and also justify which legal environment is more suitable for Building Dynamics company and why (7 marks) Compare, and explain the Political environments in China and the USA and also justify which legal environment is more suitable for Building Dynamics company and why (7 marks) Compare, and explain the cultural environments in China and the USA and also justify which legal environment is more suitable for Building Dynamics company and why (7 marks) Compare, and explain the economic environments in China and the USA and also justify which legal environment is more suitable for Building Dynamics company and why (7 marks) 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) word limit 5 pages
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