Reporte
Name: Vanessa Zamudio Enrollment: AL02822667
Name of course: Doing Business in Professors name: Luis Alberto
German Amador
the Americas
Module: 2 Activity: Project Part 2
Date: Thursday, 10th
Bibliography:
https://miscursos.tecmilenio.mx/ultra/courses/_143724_1/cl/outline
https://www.hbs.edu/global/about/Pages/latin-america.aspx
Objective:
To define the most important business terms that have been reviewed during
the term.
Process:
Part 2. Drafting the story
Research storytelling techniques. Follow the advice presented in this
article or this other one, in order to re-draft a storyline for the business case you
selected in Part 1. Once you have a good grasp of it, try to rewrite the business
case in the terms we have reviewed thus far:
Business environments.
Free-trade agreements in full effect.
Clusters and local economies.
Elements of the primary, secondary and tertiary sector.
Culture and diversity.
Reporte
Demographics.
Financial frameworks.
Politics and policies.
In short, what do you see there and what you do not? Your write-up must be
presented in simple text and should be at least three pages long.
You will be evaluated based on the thoughtfulness of your story, the relevance of
the main points you can make, the chosen characters, the setting, and the
business strategy, taking into account what we have seen in the course so far
about business environments, cultures, and attractive economic poles and
industries in the region and the business strategy.
Results:
Sustainability and Green Business in Latin America
during Globalization Waves
Geoffrey Jones
Business environments
After the 80s often known as the lost decade, Latin America had a great rebirth
the aftermath couldn’t have had a better result. Latin America incorporated new
economic reforms and became known as a region of economic opportunity.
The region envisioned a new economic era and began to offer expectations
and differed, pulled away from the status quo to open new business opportunity
for upcoming millennials. The business environment in modern day is highly
defined by privatized of state-owned enterprise. Allowing the private sector to
Reporte
create a tremendous amount of wealth. Also, reforms and regulations adopted
from other leading governments determine to present more benefits, offered by
the new business programs having positive outcome on all business
specifically in local small and medium businesses.
Free-trade agreements in full effect
The most know free-trade agreement is NAFTA, North America free trade
agreement, which is an agreement signed by Canada, the united states and
Mexico. The agreement entered into full effect in January 1994, known as one of
the most important trilateral agreements. The agreement was set into action to
reduce barriers in imports and exports between countries. Its main purpose is to
promote economic growth for all three countries and allow facilitation of
negotiation between them. As we know with president Trump now entering some
changes have been made to this agreement which was placed on hold. Till this
day the new agreement is yes pending. NAFTA is now being renamed USMCA,
united states-Mexico-Canada agreement, this new agreement indicates big
change. The changes being made should benefit all three countries for the most
part. Goals such as car or truck must have 75 percent of its components
manufactured in Canada, Mexico or the United States, a substantial boost from
the current 62.5 percent requirement. Allowing economic growth and boosting
export and import profits.
Clusters and local economies
Reporte
Although clusters failed during the 80’s they rapidly picked up during the 90’s in
distinct places of Latin America. Places such as Queretaro became economic
clusters due to there appalling incentives. The state and the federal government
often times worked together to achieve and attract new producers as well as new
trade agreements. In places like Chile, Argentina and other parts of Latin
America, governments came together to adapt new methods which would create
eco-friendly and appealing new concepts to foreign investments and the
placement of aerospace buildings greatly impacted the economy.
Elements of the primary, secondary and tertiary sector
During the 90s, 90% of new jobs in Latin America had major growth in the tertiary
sector. The expansion of this kind of employment, compares to the recent
evolution of global trends. Also analyses the characteristics of the employment
offered in the various branches as well as its underlying dynamics. The growth of
employment in the Latin American tertiary sector is based on simultaneous
processes of labor, inclusion and exclusion. The process reflects onto the
growing role of some tertiary sector activities in systemic competitiveness and
social reproduction. Which is expressed in the generation of jobs of comparatively
high productivity and quality. However, it is due to the pressures of labor supply
and rise to many jobs that are usually low in productivity and quality.
Culture and diversity
Reporte
Latin America is a region filled with divers’ clutters often seen as one. Often
times it may be hard to see the variation between cultures. As investors the
importance of knowing how to identify between cultures goes a long way when
it come to the respect of negotiating with different ethnicities.
Demographics
Conclusion:
It is important to know the distinct economies and how they all join together
through international negotiation. In conclusion Latin America is still changing and
is in the process of becoming first world. By adapting to new political reforms
beneficial to business and continuing to attract foreign investment Latin America
has mush un exploited potential.
Reporte
