Assess Economic Conditions of a Market (Vietnam)
38706***Please follow the checklist and utilize the resources that are at the end of the instructions*****
The economic factors that influence business and trade in the global marketplace can be complex, making it challenging for a firm to gain and sustain competitive advantage. The impact of trends that are sweeping developing countries that transition from socialist to market-driven economies (or vice versa), the liberalization of trade and investment policies in developing countries, and the rapid development of regional market alliances, are examples of the tumultuous economic condition that firms face while conducting business and trade in international markets. Conducting research on international markets is essential to understanding the economic factors that challenge a firm’s ability to successfully enter and operate as a successful business.
To complete this assignment, you will be assigned a country through the RSG. Using research from the globalEDGE© website, complete the checklist items. (Vietnam is the assigned country)
Checklist
Unit 5 Assignment: Assess Economic Conditions of a Market continued
Using the country assigned through the RSG, address the following:
Checklist:
Research Process and Economic Factors
Describe the process you will use to research economic factors for a country. Explain the factors you chose to consider and why you chose them.
Annotated Bibliography
Create an annotated bibliography of research articles from the Purdue Global Library focused on economic and political factors influencing your country. A minimum of three sources must be included.
Political and Economic Forces
Based on your research, explain how political and economic forces of change affect your country.
Market Research Over Time
Discuss the differences in information and data needed for decision making between “market entry” and “continuous operations.”
Growth and the Middle Class
For your country, describe the growth of new market segments and assess the potential of the middle class from a sociological and economic perspective.
Development Market Competition
For your country, assess and explain the various “developing markets” with direct competition for trade opportunities in your region.
Regional Trade Support
Present an overview of any multinational economic cooperation programs between your country and other regions of the world.
Instructions for your deliverable:
Write a 750-word paper using expository writing for an informative paper.
Write in 3rd Person writing style, use current APA format, double space, include cover page, and include headings for each topic area (see Rubric)
College level writing quality expected.
Resources:
globalEDGE (2020). Global insights: Get insights by country.
https://globaledge.msu.edu/ global-insights/by/country
World Bank Group (2020). Research and publications. http://www.worldbank.org/en/research
Hubspot (2020) Hubspot.com: Source for business templates.
https://www.hubspot.com/ resources/template
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