International business & strategic management assignment - 1

International business & strategic management - Assignment Example The Danish political system focuses on increasing international security and stability, which will be essential in handling the demands and expectations of the international investors. Denmark has a population of 5.6 million with a GDP of $211.9 billion per annum. In addition, the region has approximately $37,900 income per capita with an inflation rate of 0.8 percent. Similarly, the nation has an unemployment rate of 7.1 percent and the FDI inflow of $2.1 billion (Denmark, 2015). Denmark is one of the global nations with low-context culture, which is essential in determination of the consumer behaviour. For instance, in Denmark, rules are important while knowledge is publicly accessible. In addition, message is delivered best verbally in comparison to non-verbal attribute. Technology continues to shape operations and transactions by business entities. In the banking industry in Denmark, technology plays a critical role in the automation of the operations. For instance, banking industry provides online and mobile banking and the private investment in accordance with the needs of the target audiences. Denmark focuses on the promotion of environmental protection mechanisms and strategies in the midst of global warming or climate change. This makes it essential for the internal and international investors to focus on the adoption of environmental CSR programs and strategies for protection and conservation of the environment. Denmark legal system focuses on the illustration of critical regulations and rules for the opening of retail banking. It is the obligation of the internal and international investors to adopt and comply with such regulations. Prior to 2015, South Africa had one of the most stable political systems in the world. In addition, the political policies and regulations provide the perfect platform for the growth and

E-retailing and logistics Essay Example | Topics and Well Written Essays - 1000 words

E-retailing and logistics - Essay Example One has to invest in the progress of a first class virtual catalogue in order to really be successful in e-commerce. Like a mail catalogue, a virtual catalogue presents pictures as well as information regarding the products, as well as offers a way for clients to place orders. Although in place of posting the catalogue to the client, the client moves towards the catalogue by visiting the businesss website. Virtual catalogues have a number of diverse benefits as compared to customary mailed ones. The nature of a website makes it convenient and easy to demonstrate the product in a range of choices and to take account of added product information that there might not be space for in a mail catalogue. In addition, contrasting a mail catalogue, virtual catalogues can be simply transformed to include or eliminate products and to renew product accessibility information (Jelassi & Enders, p. 19, 2008). Business’s website as well as virtual catalogue will just be as successful as the number of traffic or prospective clientele that pay visits to the website. One has to look at the opportunity of publicity on search engines such as Google and Yahoo in order to raise traffic. For the most part, search engines sell space for advertisements that will come into sight next to or around the listing of websites that appear when an internet user types in a word or phrase to search for. During the accurate situations, these advertisements can be a best method to direct individuals who possibly may have a curiosity in the product displayed on the company’s website (Chen, p. 97, 2004). A further method to raise traffic is to publish links to business’s website on other high traffic websites. For either a payment or a mutual linking contract, other companies may be ready to incorporate an advertisement for one’s business on their website. Despite the fact that it is very doubtful that one will influence the competition to chip in in this sort of deal, it is very possible to