• Discuss the reasons and methods of governments’ intervention in trade (CLO: 1.2)
• Analyze the effects of culture, politics and economic systems in the context of international business (CLO: 2.1)
• Carry out effective self-evaluation through discussing economic systems in the international business context (CLO: 3.6)
Report Writing
Select any publicly listed Saudi Company that operates in Europe and/or Africa, and write a (minimum of 2000 word) report covering the following points:
1. Present the study report with clear Introduction and Conclusion including your own views. (minimum words: 500)
2. Using SWOT analysis, analyze the external and internal environment of your selected company. (minimum words: 900)
Strengths: Explain the strengths of the selected company;
Weaknesses: Describe the areas of weakness in the company’s operations;
Opportunities: Examine factors that may improve the company’s chances of success;
Threats: Discuss the external threats to the business company’s success.
3. Analyze the political, economic, cultural and legal challenges the company currently faces in any of the country it operates (select one country in which the company operates for this analysis). (minimum words: 600)
The reasons and methods of governments` intervention in trade
Internationally, free trade implies the unrestrictive flow of products and services across national borders. Free trade among different countries offers many benefits in terms of business opportunities for the individual, building international relations, as well as economic growth for entire economies. So why would governments intervene by creating barriers, tariffs, and other obstructions to international trade? Governments erect trade barriers and intervene in other ways that restrict or alter free trade. Governments undertake intervention to achieve several goals, including: to generate revenue, to achieve policy objectives, and to protect or support the nation`s citizens or private firms.
Humankind has for a considerable length of time, relied upon the huge abundance of assets underneath the planet’s surface; from horticulture which was the significant action of early man to mining (the extraction of important minerals from the earth).
Mining has been a significant supporter the worldwide economy. A review distributed in 2013 observed that the worldwide gold industry’s commitment to the world’s economy was in excess of 150 nations around the world, as this area alone created more than $171 billions (Cecilia Jamasmie, 2015). As per Imprint Cutifani, Chief of AngloGold Ashanti (2012), “mining straightforwardly or in a roundabout way drives over 45% of the world’s total national output” (Gross domestic product) (Martin Half and half, 2012). This developing significance of the mining business to the worldwide economy was a vital driver to my choice of this area.
I additionally end up working in the ranger service area that likewise manages the extraction of normal assets, this nearness to nature likewise added to my decision of industry
I picked Fresnillo Plc on the grounds that it is quite possibly of the biggest silver maker on the planet. The London-recorded organization works a few silver and mother lodes in Mexico. In spite of a drop in Mexican silver creation in 2014, the nation actually stayed the most elevated silver maker around the world, with Fresnillo at its front. The organization is tough and has a designated creation result of in excess of 65 million ounces of silver by 2018 (Contributing News Organization, 2015).
1.2 Exploration points and targets
Dissect and assess the monetary exhibition of Fresnillo Plc for the 3 years finished 31st December 2017
Distinguish the elements that have affected the business and monetary execution of Fresnillo over these years These goals would be accomplished by giving responses to the accompanying inquiries:
What has been the monetary exhibition of Fresnillo Plc over the 3 years finishing 31st December 2017, in contrast with Tahoe Assets Inc.?
How has the qualities, shortcomings, open doors, and dangers to Fresnillo, impacted their presentation (both monetary and nonfinancial) over the long term period?
How has Political, Monetary, Social, and Mechanical variables impacted the exhibition (monetary and nonfinancial) of Fresnillo?