Title - Latin America's
Business Environment
Table of Contents
1.
Introduction
Similar to China, Indian interest in Latin America
involves a combination of trade, investment and geostrategic cooperation. Trade
and investment opportunities continue to be dominated by South American natural
resources in minerals, energy and agriculture. But Indian firms are also
interested in investment for manufacturing and export for expanding Latin
American consumer markets.
Companies
that wish to conduct business abroad take up the challenge of entrance to
international markets. It is increasingly difficult for companies to follow
only one preferred mode of operation in foreign markets through time. Not only
are external environmental factors likely to induce changes, but the internal
capacity of a company to perform in different ways, as internationalization
proceeds, is likely to be affected by such aspects as growing international
experience and knowledge and staff changes.
It
is a common practice that companies operate in a niche market within a country
without ever expanding into new markets. However, in order to achieve increased
sales, brand awareness and business stability, companies often decide to enter
new markets. Developing a market entry strategy involves a thorough analysis of
how foreign markets operate, and of potential competitors as well as possible
customers. In order to be successful, companies must be able to adapt to the
new environment.
Although
internationalization offers great advantages for companies, it also includes a
great amount of risk. Indeed, different trade policies are used in order to
hinder international trade and as a result, encourage protectionism through
trade barriers. Both tariff and nontariff barriers are widely used among
nations worldwide.
Success
in Argentina, as in all emerging markets, requires genuine commitment from
investors. When a foreign company wishes to enter these markets, additional
challenges are faced. Without a long-term view, foreign firms are likely to
flee at first sight of trouble.
Therefore, this research highlights several points that an Indian
company should consider, plan and implement carefully when doing business in
Argentina.
Latin
America is a tough continent in which to do business. Nonetheless, it can offer
expensive gifts for international companies ready to take the threat. Working
in the rising markets needs vigorous, progressing assessment and management of
risk. The threat remains ever present and subsequently, the gifts will also be
massive. The capability of Latin American economic markets is no longer
neglected. North America, Asian and European markets balance a considerable
awareness in the region regardless of the volatility that particularizes
business in the region. This research study marks the significance of these
markets worldwide with a special attention on Argentina. International trade is
the transfer of products and services across global boundaries.
Internationalization is thought to important character as an increment
alternative in the companies, and it provides prospects, which cannot be gained
through household operations. The internationalization of a company is tough
and at times can be very important on the future of the business.
This
research starts with the theoretical part that represents the Argentine
business market with an economic approach, international trade prospects and
approaches to the market admission.
The
primary objective of this research is to enlighten the steps to be taken by an
Indian export company when beginning business in Argentina. This is the reason
why the research discusses the challenges can provide the Indian company to
plan and execute their market starting better and therefore have more chances
of advancing
1.1.
Company Profile
Divi’s Laboratories
Divi’s
laboratory is engaged in the manufacture of generic and various other types of
pharmaceutical medicals. The experimentation centre of Divi’s is engaged in the
creation of different forms of generic drugs, traditional things were taken as
the key ingredients in the manufacture of the medicines. The company has formed
many diverse factories in which the things that are related to the manufacture
of different things could be made. In such a short span of time the company has
been able to form and expand the operations for the company so that the people
could be able to earn more and more profit at the same time.
1.2.
Aims and Objectives
The
present research aims to analyze the feasibility and business prospects of
diversification of an Indian company’s operations in Latin American Country,
Argentina. A key aspiration of the study is to study the opportunities in the
Latin American markets, specifically Argentina.
Specifically
the objectives of the study can be listed as:
Ø To
explore the importance of Latin American markets globally with a special focus
on Argentina.
Ø To
discuss business environment of Latin America.
Ø To
analyze various challenges to be faced by a company in order to expand its
business operations in Latin American markets.
Ø To
analyze the prospects of business expansion in Argentina.
Ø To
suggest various measures that an Indian company should consider, plan and
implement carefully when doing business in Argentina.
To
read more…….
Writekraft
Research & Publications LLP
www.writekraft.com
OR
Call us @ +91- 7753818181, 9838033084
Or
email us: writekraftuk@gmail.com
No comments:
Post a Comment