Strategic Management Assignment : Côte d'Ivoire
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Added on 2021-04-24
Strategic Management Assignment : Côte d'Ivoire
Added on 2021-04-24
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RUNNING HEAD: STRATEGIC MANAGEMENT1Strategic ManagementName:
Strategic management2ContentsIntroduction3Summary of Côte d'Ivoire3Summary of Indonesia4Summary of Dominican Republic................................................................................................4Summary of Peru5Summary of Mexico6Summary of Brazil7Summary of Cameroon7Summary of Ghana8Summary of Nigeria8Ans to Q29References10
Strategic management3Introduction The report is based on the cocoa industry in the 9 different places around the world. It describesthe different range of cocoa products that are available across the world and put forward thevarious parameters in order to analyse the production of Cocoa. The PESTLE Analysis is one ofthe important parameter that is used to attain adequacy in results. Summary of Côte d'IvoirePolitical: The official Republic of Ivory Coast is a country in West Africa. The estimatedpopulation in the country is 24.327 million for the year 2016.The government's revenue wasXOF 4176.62 billion whereas the expenditure was XOF 5014.75 billionsEconomic: The Ivorian economy is mostly based on agriculture. The economy there is facing adeficit in terms of expenditure made. The current account balance was estimated to be negativeat USD 0.774 billion for the year 2016. This indicates that the country is a net borrower from theother country. It is evident to manage the challenges in order to attain goals that are productive.It is significant in terms of considering the attainable goals.Social: It is a socially complex country with migrants from different nation. It is thereforedifficult for managing the condition. Most of the population is dependent on producing cocoa.The cocoa production is done in order to manage the changes and allowing effective needs.Technological: The technological advancement in the field of cocoa production is limited whichis causing an extra burden on the management of resources (Machete, Li, Backline and Patricia,2018). Legal: The legal issues are therefore being sorted from the point of view of gaining adequateresults while suggesting better outcome. These legal factors are important enough for creating aneffective process which creates managing the changes.Environmental: There are serious environmental concerns that need to be managed in order togain adequate response. It is necessary from the point of attaining adequate responsibility andarranging adequate result.
Strategic management4Summary of IndonesiaPolitical: They have a democratic government system. The president and vice president areelected through the process of authenticating the long term adequate results. Economic: The economy is medium and based on travelling and tourism. It is basicallyimportant from the point of view of gaining explicit growth. The purpose is to manage thechanges and arranging the specific requirements of the economic changes and delivering thepromissory results. Social: The society in Indonesia is largely dependent on tour and travelling. The cocoa plantingis another occupation that is been followed by the people living in Indonesia. Technological: The principle is to attain the technological growth and matching up theexpectation to manage the development. It is evident from the point of gaining effectivetechnological growth in order to focus on the effective policies and growth (Bodart, Candelonand Carpantier, 2012).Legal: The legal environment is more of less focused on gaining effective from the point of viewof legal growth and development. In order to gain growth and adding effective legalconsequences that will certainly allow in matching up with the local economy. Environmental: The environmental factors are given importance and there is certain strict legalprocedure. All these process are looked upon as one of the parameter in order to match up withthe environmental expectation (Deheuvels, et al 2012).Summary of Dominican Republic Political: The growth slowdown recorded in 2017 is set to continue in 2018. The growth will beseen in the country due to tourism. It is due to the inflow of strong inflows of remittances fromexpatriate workers. Economic: Further there will be an enhancement in the economic growth and development. Thiswill certainly allow in managing the accurate results and appreciating well-being. It thereforeenhances the competitiveness of its tourist sector, which is expected to attract foreigninvestments (Prest, 2014).
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