Sustainability in emerging economies - Simplified business plan (topic Essay

Sustainability in emerging economies - Simplified business plan (topic of your choice ) - Essay Example o work with Kenya locals to construct greenhouses that would ensure the country produce food that is sustainable to its population so that hunger can be averted. Attention is drawn to the fact that this country majorly depend on agricultural products as their basic point of the economy. Agriculture is the backbone of their survivals since it is the source of their daily food and comprise almost of 75% of their exports that earn foreign exchange that enables them to balance the trade deficits. But as studies shows, there has been a decline in a significant production. This significant decline is due to climate change and global warming. The two has led to extreme temperatures and excess heat that are unfavorable for food production. (Pearce, Barbier & Markandya (2013) shows that the production of food in these societies has an annual decreased from of up to 10% in the last decade. On the other hand, research by Barrett, Ilbery, Brown and Binns, (1999), shows that exports from these countries have fallen by 20% and the trend is likely to continue if not addressed. Thus, due to these demanding issues, the corporation has identified greenhouse c onstruction in these societies as the primary remedy for the situation. The establishment of the greenhouse will make the locals produce more than enough for their consumption against the extreme weather conditions. Hence, food security is ensured that will lower the poverty index to reduce by a greater percentage. Furthermore, production is expected to be in excess that can be used for exchange for other products from various societies. Hence, the balance of trade will be manageable that enhances growth in the economy creating sustainable development. The world institutions have proposed various heads that encourage the corporation to participate in the project developments. A report from World Bank shows that climate change is destroying the events gains that have been achieved over times hence companies and governments

Issues in global business Essay Example | Topics and Well Written Essays - 500 words - 1

Issues in global business - Essay Example In addition, if the firm has specialized products or services, which cannot be found or found in minor varieties in a foreign market, then also firms will adopt internationalization and become an MNC. Instead of competing in a saturated local environment, if the firm becomes MNC, it will have access to new markets and new customers. In foreign countries, people will always view foreign products with big expectations, particularly if it is a well known brand. If the MNCs are able to provide superior quality product than the local companies, it can attract many customers and earn good profits. However, the disadvantage is, in most cases, the MNCs have to launch a new and localized marketing campaign, to build a brand from scratch. As the local companies would have been operating for a long time, they will be in the minds of the people, but MNCs has to carry out campaigns and this could take time. There are a number of entry paths available to the MNCs to enter foreign countries. However, the common paths are Direct Investment, Joint Ventures, Franchising, Mergers, etc. Although, Direct Investment will be the favourable mode of entry for the foreign firms, if there are any government regulations against it, then they will go for joint ventures and franchising. Franchising has become one of the common entry paths because franchises have local knowledge and expertise that can be leveraged to a competitive advantage. (Neelankavil and Rai