Question
BUS332: Doing Business in Mexico's Geography You will submit four blog posts to share knowledge relevant to doing business in your chosen country. Use the
BUS332: Doing Business in Mexico's Geography
You will submit four blog posts to share knowledge relevant to doing business in your chosen country. Use the CAGE framework (cultural, administrative, geographic, economic) to analyze the Mexico's business environment. Your posts will correspond to one of the four components of CAGE analysis, and this week will be aboutG- geography (including physical geography with linkages to culture and economic geography). Then conclude within each blog for (a) consequences for how companies navigate the business environment and (b) business opportunities that might be associated with or inspired by this dimension of the business environment.
Geography (including physical geography with linkages to culture and economic geography)
- Why/how geography matters:
- geographic features
- natural resource endowments
- geographic distance to key markets
- path dependence
- Tips for assessing geography:
- identify unique aspects of physical geography
- relate physical and human geography
- consider implications for business and society
- Consequences for how companies navigate the business environment in Mexico.
- Consider aspects of Responsible Business, such as identifying business opportunities that might be associated with or inspired by this dimension of the business environment in Mexico that contribute positively to not only profits but also to people (social), planet (environmental), equity (inclusion) and/or ethics.
- Export of products or services from the country
- Import certain products/services to fill unmet needs
- Investment opportunities (inflow or outflow of FDI)
- Licensing or franchising
- Replication or adaptation of business models
- Business opportunities that might be associated with or inspired by Mexico's Geographical business environment.
Possible Sources:
- https://uk.practicallaw.thomsonreuters.com/5-500-4316?transitionType=Default&contextData=(sc.Default)&firstPage=true
- https://www.proyectosmexico.gob.mx/en/why_mexican_infrastructure/ideal-location-for-business/#:~:text=Mexico%20has%20a%20privileged%20location,and%20the%20Asia%2DPacific%20region.
- https://www.bakermckenzie.com/en/insight/publications/guides/doing-business-in-mexico
- https://www.hollandhousemexico.com/doing-business-in-mexico/
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