Tapping into new and international market

Tapping into new and
international market
TASK- 1 & TASK – 2

Introduction (TASK – 1)
Due to technological advancement and globalization in
recent years, international trade becomes more rewarding.
Further, the importing and exporting of goods and services
are satisfying both the personal as well as professional
needs of the organizations.
As an Assistant Business Advisor on International Trade at
COOK UK, the current research study will be undertaken to
analyze the global environment of South Africa. Further the
report will evaluate various challenges and opportunities
being faced by SME’s in the global business environment

Continued....
Talking in relation with the South Africa, it is the nation
having political stability and has well-capitalized
banking system. it is largest economy of Africa. The
GDP figures of the Country well depicts the reformation
of its economy (Friedman, 2005).
In addition to this, South Africa’s fiscal framework
promotes competition in the domestic market and
provides various growth and employment opportunities.
Further, the legal and business environment is quite
favorable (South Africa: economy overview, 2005).
Thus, SME’s can enter in such international market with
proper planning an agenda

Analysis of global business
environment
 Political
 Legal
 Social
 Economic