Reference no: EM132771270

Switzerland is the country

A DETAILED ANALYSIS OF SWITZERLAND IS REQUIRED. THIS IS NOT TO BE WRITTEN AS A TRAVEL LOG. ADDRESS EACH FORCE IN AS MUCH DETAIL AS POSSIBLE.

ECONOMIC AND SOCIOECONOMIC FORCES:

Of all the uncontrollable forces with which businesspeople must contend, economic forces are the most essential. The concept of how scarce resources are allocated and consumed is of great importance to international managers. To remain competitive, managers need to keep abreast of all changes, particularly those in economic areas.

Your analysis will provide economic data on both the firm's actual and potential markets, and at the same time track the firm's competitors, wherever they are located.

Gross National Product (GNP) or Gross Domestic Product (GDP) - Indicate the last 3-5-year history and rate of growth. Indicate the GNP or GDP per capita.

Income (Business International, Monthly Bulletin of Statistics: World Development Indicators published by the World Bank) - What is the income distribution, disposable income, personal consumption distribution of income, and discretionary income?

Labor - What is the average hourly rate in U.S. dollars? What is the per capita income in the country of study? Describe the education level. Any known mobility of the population or work force?

Population by demographics - Total population of the country, age distribution and birth rate, population per square mile.
Investment - Indicate the amount and type of investment in the country, i.e., land development, education, and building (by the host country).

National Economic Plans (Business International, Business America, Overseas American Chambers of Commerce) - Plans prepared by a government that generally state their economic goals for periods up to five years. Research your country and provide this information in your project.
Inflation patterns - Describe the past 3-5-year history.
Balance of payment history - Is it a deficit? If so, what actions is the government taking, or going to take, to correct?
Exchange rates - What is the currency called in your country of study? What is the most recent value of the currency in U.S. dollars? Chart the last 6-month history of the exchange rate converted to U.S. dollars.

Implications for international business - Based upon your research, summarize barriers and opportunities for locating business opportunities. Of what factors should MNC managers be aware?