week 8 Burkina Faso

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There are five websites which will provide starter information on which to develop your discussion points for International Business below. Two are diverse rankings lists; the other three are to assist you with research:

Rankings Lists:

Forbes’ List: http://www.forbes.com/best-countries-for-business/list/#tab:overal

World Bank Lists: http://www.ibtimes.com/international-business-opportunities-trends-top-countries-consider-214068

Research Sources:

http://export.gov/ccg/index.asp

http://globaledge.msu.edu/global-insights/by/country

http://www.operationworld.org/countries-alphabetically

Some of the countries are ranked high on the Forbes’ list of countries for doing business; while these same countries are ranked lower on the World Bank list. It will be up to you to discern why the discrepancy. Each week we will review a country and answer the following questions:

1. What would make this country an attractive region or market in which to enter, depending on the type of opportunities your firm is considering? What are cultural influences, including customs and business etiquette in this international market, will affect business practices?
2. If you were to want to start trading with this country, with what type of entry strategy would you begin?

3. What kinds of local representation or institutional support would you need available to you to help you navigate any unforeseen obstacles and explain the laws and contract provisions in order to conduct business and protect your assets?
4. What are some of the limitations (economic, infrastructure, technological) in establishing this exchange relationship (for example, currency fluctuations, or import/export timelines)?
5. What opportunities and limitations are there for communicating the gospel of Jesus Christ? What would be a focus for prayer? Be sure to review the Operation World link above.

Weekly Discussions

Forbes’ Rank and Name

World Bank Top Ten

Week 1

#1 Denmark

Top Ten Ease of Doing Business

Week 2

#3 Norway

Top Ten Ease of Doing Business

Week 3

#8 Singapore

Top Ten Fastest Growing Economies; Lowest Trade Restrictiveness

Week 4

#11 Hong Kong

Top Ten Lowest Trade Restrictiveness

Week 5

#25 Israel

Top Ten Lowest Trade Restrictiveness

Week 6

#54 Turkey

Top Ten Lowest Trade Restrictiveness

Week 7

#94 China

Top Ten Fastest Growing Economies

Week 8

#103 Burkina Faso

Top Ten Fastest Growing Economies; Real Trade Growth

300-400 words in APA format with references and make sure you do #5 teacher really pays attention to that one.

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