shoe manufacturing firm
International Research Project
You will use your chosen country Barbados for this assignment. In addition to the country, you will reference the shoe manufacturing firm you decided from below.
Write a 46-page paper in which you analyze the following components of your chosen country:
Suppose you are opening a shoe manufacturing firm that is going to begin selling shoes (your choice of shoe type: tennis shoes, mens or womens dress shoes, boots, etc.) in your chosen country Barbados. Using the demographic breakdown of your chosen country, choose at least one demographic that you will segment by and identify a minimum of two target markets. Summarize the key reasons why you choose those particular demographics and target markets.
1. Describe the political/financial background of your country, including relevant historical events.
a. What kind of government does it have?
b. What is the political stability?
c. Is it open for Foreign Direct Investment (FDI)?
d. Has the currency been relatively stable? Analyze the general demographics.
2. Identify the ethnic groups, the languages spoken, the population demographic breakdown by age and gender.
a. What is the population growth rate?
b. What are the major urban areas and their population sizes?
3. Examine the employment figures.
a. Identify the education attainment, employment, unemployment, and labor force size.
4. Explain the current state of the economy.
a. What is the GDP and the GDP per capita using Purchasing Power Parity (PPP)?
b. Identify the inflation rate and current exchange rate.
5. Examine the major industries and transportation data.
a. Identify any major imports, exports, and trade restrictions.
6. Identify three major direct competitors you will be competing against. Describe how your firm will be positioned against them.
7. Use at least three quality academic resources for in-text citations in this assignment. Note that Wikipedia and similar type websites do not qualify as academic sources.
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