Legal and Economic Considerations, marketing homework help

Anonymous

Question Description

As a follow-up to the information presented last week, the board of directors is asking for another brief presentation to help assess the economic, political, and legal environments of your selected country. The economy, along with political and legal issues, affect the viability of doing business in this particular country. While these are uncontrollable environmental variables, understanding these issues and how they impact the marketing plan is essential.

Develop a brief presentation assessing the economic, legal, and political environments of your country.

Environmental Factors

  • Slide 1: Briefly describe the country’s history and its relevance to its current political, economic, and legal environment.
  • Slide 2: Describe the country’s government and any recent political developments that could affect doing business in this country.
  • Slide 3: Analyze the government’s activities regarding foreign investment in the country.
  • Slide 4: Identify any potential formal trade barriers that can affect your marketing strategy.
  • Slide 5: Identify any legal activities related to this country that can affect your business operations there.
  • Slide 6: Analyze any government, finance, and tax considerations that affect doing business in this particular country.
  • Slide 7/8: Evaluate the targeted country’s technological infrastructure and how this will impact your ability to promote, price, and distribute your product as efficiently and effectively as possible.
  • Slide 8/9: Explain and justify the demand for your product in this country and why you believe it will turn a profit for the company.
  • Slide 9/10: Write a final conclusion about why this country is the best choice for promoting your company’s product based on external factors related to the country’s economic, political, and legal infrastructure.

Please submit your assignment.

Tutor Answer

chuckprofessor
School: Duke University

Thanks, i will work on it ASAP
Attached.

Institutional Affiliation

Date

History of India
 India got independence in 1947. There is a prevalent Hindu

Population in the nation. India has taken after
protectionism approach amid their initial independence
year, yet with time it has opened its economy to the remote
markets.
 The economic condition in the nation was exceptionally
limited before with individuals preferring to purchase
national products. However, that has changed over the
previous decade with an ever increasing number of outside
stores.
 The winning energy of individuals has expanded. Different
great people have started investing in the country hence
this has greatly improved the Indian economy.

The Indian Government
 The current government in India is BJP which is strongly

supported by Hindu.
 The government has already passed different bills such as
Goods and services tax which mainly helps in fighting
corruption and enabling traders to do free and fair
business.
 The government has set some plans for encouraging
technology in the entire country to improve the way trade
is done since business go hand in hand with the level of
technology.
 People are resistant to change and therefore the
government faces different challenges in implementing the
change in technology. However, be...

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