International Finance 8 , business and finance homework help

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Intel Finance 8 Institution Affiliation Date    Kenya is located in the African continent specifically in the East Africa. Kenya was colonized by Britain at the time of colonization of Africa and attained her independence in the year 1963. The advantages of expanding business in Kenya is due to geographic transition, improved economic policies and expansion in education   Economic pillar intentions to offer affluence to all individuals through a program of economic development. The political pillar purposes to recognize a political system that is set up on issue-based politics that esteems the rule of law as well as guards the constitutional rights and freedoms of every individual    Kenya is a multiethnic country made up of 42 ethnic tribes. These different languages are divided into three groups namely: the Bantu, the Cushitic and the Nilotic speaking groups These different ethnic groups have different cultures in addition to having different languages. As a result of colonization the by Britain, the indigenous African culture has been toned down due to western civilization.    The economy is based on the market with a limited infrastructure owned by the government and upholds a free up external trade system. The currency structure of Kenya is in the form of Kenya shillings There is an increase in financial development due to an increase in the investor base in Kenya.    Lack of common financial unit in Kenya has led to translation impacts which will be likely to inflate the liabilities. International trade transactions for import and export of business products to other countries poses the businesses in Kenya to foreign exchange risks The unexpected changes in the rates of exchange can lead to economic exposure.   Kenya is a partner of foreign direct investment and this encourages partners to make investments in Kenya which is a source of raising capital for the country The minimum foreign investment that Kenya requires in order for one to qualify for government investment incentives as well as investment certificate is $100,000 and this encourages capital intensive sectors to venture     Kenya has a taxation system which happens to be very broad. It covers income taxes, exercise duty taxes and the value added taxes . The taxation system is normally governed by the Income Tax Act Kenya growth has been stimulated by international trade through the strategies it has developed regarding exports and imports    Kenya has clear Customs services which administers as well as ensures that the export and import of goods is done efficiently In order to import any item in Kenya; one has to register the services of a clearance representative. Industrial reform programs have also been formed in order to improve efficiency as well as encourage industries to provide for exports     Besanko, D. (2010). Economics of strategy. Hoboken, NJ: John Wiley & Sons. Harris, P. (2013). Corporate tax law: Structure, policy and practice. Cambridge, UK: Cambridge University Press. Sherman, A. J. (2012). Raising capital: Get the money you need to grow your business. New York: American Management Association. Salvatore, D. (1992). National trade policies
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Topic: INTERNATIONAL FINANCE 8










Cover page
Historical perspective, timeline, and advantages of expanding your business and the
country’s location, size, developments, and significant events from Unit I
Country’s economic factors, political strategies, goals, policies, and trends from Unit II
Culture and belief systems of the country from Unit III
Country’s currency structure, including the size of the economy and the domestic
investor base
Regional transaction, translation, and operating exposure
Theoretical recommendations for raising global capital
Country’s corporate tax system and export and import policies.
References


Intel Finance 8
Institution Affiliation
Date










Kenya is located in the African continent
Kenya was colonized by Britain and attained
her inde...


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