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Wednesday, May 6, 2020

Foreign Companies Before To Enter In New Market, Managers

Foreign companies before to enter in new market, managers needs a macro- environment understanding such a political, economic, social and technological analysis to make necessary decision regarding to the business. Mozambique Government has been undertake the liberal economic policy and has been managing to the stable economy. The government has been improving strategies and policies to make an improvement of investment Climate. (Market research reports) The role of Mozambique government is to act for the development of human capital, economic and social infrastructure with objective of poverty reduction. Mozambique government has consistently implemented reforms, maintained sound macroeconomic policies focusing an economic growth and†¦show more content†¦services 6,0 7,7 7,5 education 3,0 7,6 7,4 Financial services 14,5 15,0 5,9 trade 15,4 9,3 4,4 Agriculture, fishery 1,7 3,8 3,1 Taxes o/products 22,1 8,2 2,5 others -6.1 13,1 -3,1 GDP at market prices 7,1 7.4 6.6 Source: Mozambique Bank, 2015 According Mozambique Bank data (2015), the transports and communications; state administration, manufacturing industry, mining industry and construction were leading gross domestic product growth. The reduction of trade, financial service and taxes on products contributed for a decrease on gross domestic product (GDP). Chart: GDP Structure by sectors Source: Mozambique Bank Based on Mozambique Bank analysis, Agriculture and fishery sector kept leading position in the economy, being responsible of 21.8% of the global product, followed by transport and communication 12,7%, trade and repair services 11.2%, manufacturing industry 9%, house hold and repair services 7.2% during the year 2015. Chart: Mozambique GDP Annual Growth rate 2011-2015 Source: INE- National statistics Institute, world Bank As indicated above, data from National Statistics Institute (INE), and World Bank, Mozambique’s GDP growth declined in 2015 to 6.6 %, in real terms, comparing to 7.4% in 2014. Table: 3 Macroeconomic developments 2013 2014 2015 Real GDP growth 7.1 7.4 6.6 Real GDP per capita growth 4.16 4.48 3.7 CPI inflation 4.26 2.6 3.6 Budget balance % GDP -2.64Show MoreRelatedCamar Automotive Hoist930 Words   |  4 Pagesstrategies should be implemented for this move to the European market in 2001 from these options such as, licensing, joint venture and direct investment, in order to succeed in this business in the future. Recommendations Implementation: To enter the European market, the manager has to look at all aspects of CAH and pin pointing what strategies to be implemented upon, there are already some alternatives in the company ¡Ã‚ ¯s list that the manager can adopt, and alternative evaluation should be consideredRead MoreForeign Market Entry801 Words   |  3 PagesEntering a foreign market can be delicate for a business. There are different steps to entering a market abroad, and there are different strategies to look at, as they all vary. 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