Description
1. Choose a company (current company in a developed country or your own company) and two possible developing countries in different parts of the world where you could relocate.
- In order to make the decision, you will want to conduct an initial investigation of several possible locations. Focus on the:
- Location and description of the country (if it is a large country, you can limit your choice to a specific location)
- Possible resources in the area, including labor and natural resources;
- Availability of transportation for products and materials
- Political conditions in the country
- Culture or cultures in the country
2, Currency and Exchange Rates
Learn about exchange rates and foreign market economy by working through the Khan Academy video tutorials. There are 9 videos in the series.
Explanation & Answer
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Relocation Project Outline
Introduction
Company
Dell
Developing Countries
Geography
Resources
Transportation
Politics
Culture
Currency & Exchange Rates
Conclusion
References
Relocation Project
Introduction
This project has the data and analysis for relocating between geographies based on a multitude of
considerations. The analysis allows arriving at a conclusion based on the data to support the
decisions made as part of the analysis.
Company
Dell
The company is Dell, a manufacturer of computer products. Dell is in Round Rock, Texas. For
this analysis, the role of Product Specialist has been considered. A Product Specialist earns $57K
at the firm (Indeed.com, 2020). Dell has a range of products including desktops, laptops, servers,
and related products. The job responsibility is challenging as the products have lifecycles, and new
products are rolled out every year.
Developing Countries
According to Investopedia (2019), Qatar and Malaysia are developing economies with significant
potential. Qatar is a developing country with a lot of potential for immigration. Even after being a
developing economy, Qatar enjoys the highest per capita GDP at over $140K. The earning
potential for a Product Specialist is significantly higher in Qatar. Another developing country with
significant potential in Malaysia. The economy of Malaysia has a lower per capita GDP income of
under $9.7K. The economic swings are more extreme for Malaysia, but there is a lot of opportunity
in terms of economic growth and income.
Geography
Dell is in Round Rock, Texas. According to Best Places (2020), it is a small town with a population
of over 110K residents. The median age is 33.9 years, and the comfort index based on climate is
7.2 out of a possible 10. The median income is $70.95K.
Qatar is a small country situated in the Persian Gulf. Doha is the main city in Qatar, and many
expats work in the oil and gas sectors in the area (CIA, 2020). Qatar has over 2.6 million residents,
and foreign workers make up over 85 percent of the population. The average income per GDP is
over $140K.
Malaysia is the world’s 35th largest economy. The main city or capital city is Kuala Lumpur, which
has over 1.7 million residents. The average income is close to $10K.
Resources
Round Rock is a small town, and the weather is pleasant for the most part of the year. The town is
close to San Antonio and features amenities for living a good life. Some of the other characteristics
of the region include a strong economy, inexpensive housing, and good opportunities for
education.
Qatar has limited natural resources,...
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