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BTEC Business Level 3 - Unit 5: International Business Assignment 2( Distinction*)

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BTEC Business Level 3: Unit 5 International Business Assignment 1. Distinction criteria met. This Assignment is very well structured with easy to read subheadings and appropriate images. Using this Assignment as your template will ensure you attain Distinction. Please read the criteria carefully before making a purchase. This document includes P5: Explain the External Factors that influence a selected business considering trading internationally. P6:Explain how business support systems enable a selected business to trade internationally. M3: Carry out a situational analysis of two countries a selected business may consider trading in D2:Recommend one country that a selected business could target for international trade, justifying your decision. P7: Explore the cultural differences affecting international businesses. M4:Analyse how cultural differences affect international businesses. D3: Evaluate the impact of cultural differences on international business.

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External factors and cultural differences

Appendix 1 research

,India is the worlds largest democracy and according to the UN, the countries
population is expected to overtake china in 2028. It is the second most
populous and seventh largest country1. As a rising economic powerhouse and
nuclear-armed state, India has emerged as an important regional power. But it
is also tackling huge, social, economic and environmental problems. Since
independence India has pave through democracy for social development. They
have been implementing strategies and plans through different development
schemes and programmes. These programmes have been successful in
achieving the predetermined goals in the areas of economic growth,
education, health, housing and employment. The country is the 9th largest,
good trading partner with the US there largest export in 2017 was minerals.
Refined petroleum, auto mobiles and machinery. One major problem India has
is there increasing government corruption which can impact opportunities to
grow in terms of trade. International business can be deterred from associating
with India.



Pestle on India


PESTLE PESTLE SUMMARY
Political  Corruption

 Disputes and political arguments with Pakistan

 Politically unstable in terms of Pakistan’s

Economical  Decrease in corporation tax

 Constant fluctuations in tax rates

Social  Poverty is still a problem

 Very diverse and attractive market

 Middle class with disposable income is increasing

Technological  Advancing constantly

1 BBC. (2019). India India country profile. Available: https://www.bbc.co.uk/news/world-
south-asia-12557384. Last accessed 17/11/2020.

,  Intelligent workforce in IT

Environmental  Air pollutions

 Carbon footprint

Legal  Labour laws




Swot on amazon in India


Strengths  Always creating new wants through tech and
gadgets



Weakness  Has issues with labour laws

 Environments issues in India

Opportunities  Has opportunity to cash in on the changes in
needs and wants

 Opportunity to outsource work and keep labour
costs low



Threats  Corruption in India can create legal issues and
impact amazon reputation

 Constant fluctuations in corporation tax can cause
uncertainty and hinder plans

, PESTLE on Russia


PESTLE Pestle summary
Political  Plays a big role in global politics

 Many relations with other countries

 One of the world powers alongside china and
USA

 Member of lots of international organisational



Economical  One of top 15 largest economies

 Involved in oil

 Oil makes up most of their exports

 China and Germany are their top import partners



Social  Christianity is main religion

 142.7 million population

 Middle class is increasing

 Russians love luxury brands

 Russia has more than 70 billionaires

Technological  Technologically advanced

 Ecommerce is growing

 Online payments are becoming more popular

Legal  Strict employment laws

Libro relacionado
 image
David Dooley, Rob Dransfield BTEC National Business
Editorial: 2006 ISBN: 9780435462352 Edición: Desconocido

Información del documento

Nivel de Estudio
Tema
Subido en
7 de febrero de 2021
Número de páginas
37
Escrito en
2020/2021
Tipo
Ensayo
Profesor(es)
Desconocido
Grado
A+
$21.76

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