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Business Venture

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Running Head: Global Business Venture 2
HRM-ESE ASSIGMENT
Industry Personal Care Products
Three countries to choose China, United Arabs Emirates, Canada
Environmental Factors and Trends
HRM Policy Implications
Economic Conditions
China fastest growing consumer market country
The public sector accounts for large share
of national economy
The net importer of services products
United Arabs Emirates diversifying economy
-unpredictable performing
Economy
High level of professionals
Canada availability of skilled labor
English is a national language
Thriving economy
-business opportunities for consumer goods
-unfair trade practices
-a good environment for establishing service
products
High competition for skilled professionals
Risking inflation
Wages above the average
High competition for skilled professionals
Minimal training requirements
Higher wages
Social-cultural
China peoples are social and friendly
People dedicated to learn English language
Inequality is abundant
United Arabs Emirates close family ties
Islamic culture
People willing to learn English
Canada English is widely spoken
Close family ties
Social people who embrace Western culture
Rewards and incentives can boost business
productivity
Minimal training requirement
Establishing of housing and schooling facilities to
eradicate poverty
Provision of special programs to provide for family
issues
Adapting and learning Islam culture
Minimal requirements for language training
No language training is required
Provision of special programs to cater for family
issues
Political-legal
China work permits and visas easy to acquire
Low tax rate
Freedom of speech
United Arab Emirates limited freedom of speech
Fixed taxes
Visas can be obtained at airports
Freedom of doing business
Workers must carry their identities at all time
High degree of expertise required to deal with

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Name Course Tutor Date Running Head: Global Business Venture 2 HRM-ESE ASSIGMENT Industry – Personal Care Products Three countries to choose – China, United Arabs Emirates, Canada Environmental Factors and Trends Economic Conditions China – fastest growing consumer market country The public sector accounts for large share of national economy The net importer of services products HRM Policy Implications -business opportunities for consumer goods -unfair trade practices -a good environment for establishing service products United Arabs Emirates – diversifying economy -unpredictable performing Economy High level of professionals Canada – availability of skilled labor English is a national language Thriving economy High competition for skilled professionals Risking inflation Wages above the average Social-cultural China – peoples are social and friendly People dedicated ...
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