...Canadian-International Business Performance Analysis Andleeb.Waizi(1110348) University Canada West Professor: Raghabendra Gosh Hajra BUSI321 05/10/2014 Canadian-International Business Performance Analysis Canada’s prosperity is engaged to economic opportunities beyond its borders. Therefore, Canadian government has worked well to reinforce and develop Canada’s trade relationship internationally to promote a business environment. This relationship will give Canada a competitive advantage in large and rapid growing economies by attracting overseas investment and diversifying the Canadian trade portfolio. In such efforts, the government has launched the most determined trade plan in Canadian history; only in just seven years, Canada has executed free trade agreements with nine countries and is in conciliation with thirty more. In addition, Canada has publicized a significant agreement-in-principle with the 28-nation European Union which will open the trade markets in the EU and Canada. Canada always values the strength of multilateral trading system and support trade liberalization and share membership in many multilateral economic organizations. These organisations include: the G-20, the Asia-Pacific Economic Cooperation (APEC) forum, the Organisation for Economic Co-operation and Development (OECD) and the World Trade Organization (WTO). The key drivers that foster the growth of world economies up to 52% over the last decade are: fallen barriers to trade, investment opportunities...
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...largest and most important industry Canada has is oil and logging. For businesses who want to expand towards Canada they are eight dimensions of business culture that will be detail in this analysis, and how NAFTA was formed. The agreements between U.S. and Canada with provisions that will benefit both countries, Canada also has bilateral agreements in trade with European Union and Asia, however we will only analyze U.S.-Canada cultures in business. Canada’s History The first inhabitants of Canada were native’s Indian people, primarily the Inuit “Eskimos. The Norse explorer Leif Eriksson reaches the shores of Canada at Nova Scotia in the year 1000, but the country actually begun 1497 with the introduction of the white man, John Cabot Italian at the service of King Henry VII of England reaches Nova Scotia. Canada was lost to the English in the year 1534 by Jacques Cartier which was the settlement of New France 1604, but was then was Nova Scotia in 1608. Quebec was founded, France’s colonization were not successful and ended at the end of 17th century. They penetrated beyond the Great Lakes to the western prairies and south along the Mississippi to the Gulf of Mexico. The English Hudson’s Bay Company in 1670 establishes themselves because of the abundance of fisheries and fur trade, a conflict that England and France had between each other for the control of the region in 1713. Nova Scotia, Newfoundland, and Hudson Bay were lost to England. During the seven year...
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...Part II: Environmental Analysis (Target Country) Student Names: Aqeela Romer, Carleen Etienne, Christina Williams, Tenniel Cartwright and Chelsi Fowler Course: MKTG 412-0116 Instructor: Michael Rolle Affiliation: The College of The Bahamas Date of Submission: March 10, 2016 Canada’s Cultural life According to “International Marketing,” ‘culture is an integrated system of learnt behavior patterns that are distinguishing characteristics of the members of any given society.” Canada’s culture originated from Europe, especially Britain and France. Canadians are relatively a broadminded, civil and very community-oriented people. Although they are individualistic in terms of their basic cultural traits, they nevertheless place a great deal of emphasis on the individual's responsibility to the community. This is seen as giving balance and a good quality of life. They’re also very protective of their constituent identity and encourage their people to stay true to it. Canada also has a low context which means most of its information is explicitly contained in the words. Furthermore, Canada’s government is made up of constitutional monarchy that is also a parliamentary democracy and a federation. A multitude of languages are spoken in Canada. According to the 2006 census, English and French are the preferred language of 67.1% and 21.5% of the population, respectively. Canada also has five widely-spoken non-official...
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...transporting packages and freight; facilitating international trade, and deploying advanced technology to more efficiently manage the world of business. Using an integrated network of physical, technological, and human assets, UPS provides a powerful competitive advantage to firms by offering complete logistics solutions thereby maximizing business’ growth potential by allowing them to focus on their core business. CASE CONTEXT Today’s global marketplace has increasingly witnessed an exponential increase in international trade. The facilitation of international trade is fuelled by diminished trade restrictions from governments and the continued growth of e-commerce. In the context of today’s global marketplace, there is enormous opportunity for small companies in Canada to grow their business. In 2015, e-commerce is estimated to grow 16 per cent reaching $1.7 trillion. Now more than ever, businesses can connect with emerging markets, through mobile/digital commerce and new international markets previously unreachable. CASE PROBLEM UPS has a presence in over 220 countries offering solutions in international air and ocean forwarding, courier shipments, brokerage and ecommerce. How can UPS leverage this network to gain a larger share of international courier shipments for Canadian small businesses? In crafting your response, please...
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...account Financial assets Trade deficit Trade surplus Content Standards Standard 5: Students will understand that: Voluntary exchange occurs only when all participating parties expect to gain. This is true for trade among individuals or organizations within a nation, and among individuals or organizations in different nations. • Students will be able to use this knowledge to: Negotiate exchanges and identify the gains to themselves and others. Compare the benefits and costs of policies that alter trade barriers between nations, such as tariffs and quotas. Benchmarks, Grade 12: At the completion of grade 12, students will know • A nation pays for its imports with its exports. Lesson Overview Balance of payments accounting is an often misused and misunderstood tool for keeping track of our economy’s flow of imports and exports. While the data, itself, is neutral, it is sometimes reported in ominous tones, especially when the numbers total up to a deficit in the merchandise account. As students learn more about trade, they appreciate that a trade deficit is not necessarily bad any more than a trade surplus is necessarily good. This lesson reinforces their appreciation of that reality by identifying the components of the balance of trade. Learning about the flow of financial assets captured in the capital account should add a whole new dimension to their understanding of the full scope of trade. The accompanying classroom...
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...STRATEGIC DILEMMAS OF A SMALL MARKET PLAYER: THE CANADIAN WINE INDUSTRY Judith J. Madill Eric Sprott School of Business, Carleton University 1125 Colonel By Drive, Ottawa, ON, Canada, K1S 5B6 +1 (613) 520-2600 Ext. 8014 Fax: +1 (613) 520-4427 e-mail: Judith_Madill@carleton.ca Allan L. Riding Eric Sprott School of Business, Carleton University 1125 Colonel By Drive, Ottawa, ON, Canada, K1S 5B6 +1 (613) 520-2394 Fax: +1 (613) 520-2363 e-mail: al_riding@carleton.ca George H. Haines, Jr. Eric Sprott School of Business, Carleton University 1125 Colonel By Drive, Ottawa, ON, Canada, K1S 5B6 +1 (613) 520-2600 Ext. 7487 Fax: +1 (613) 520-4427 e-mail: george_haines@carleton.ca Abstract This paper undertakes an analysis of the strategic situation of the Canadian wine industry. A very small player by world standards, Canadian wineries face intense and intensifying competition within the domestic market. The demand side of this market is dominated by a small number of large provincial monopoly retailers. The supply side comprises five substantial firms that account for ninety percent of total wine production and a large number of very small wineries. The Canadian competitive environment is characterized by strong historical reputations of (and consumer preferences for) Old World wines, economies of scale and technology associated with New World wines, (at best) stable per capita wine consumption patterns, rapid increases in both the number of domestic wineries and land under viticulture...
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...1.1 1.2 1.3 1.4 Overview............................................................................................................................... 5 Trends in Bilateral Trade in Goods ...................................................................................... 7 Trends in Bilateral Trade in Services ................................................................................... 9 Trends in Foreign Direct Investment ................................................................................. 10 Chapter 2: Analysis of the Economic Effects from a Canada-Japan Economic Partnership Agreement .......................................................................................................................................... 12 Chapter 3: Analysis of Major Areas of an Economic Partnership Agreement ................................. 14 3.1 Market Access (including Rules of Origin) ....................................................................... 14 3.1.1 Market Access .................................................................................................................... 14 3.1.2 Rules of Origin including Origin Procedures ..................................................................... 14 3.2 3.3 3.4 3.5 3.6 3.7 3.8 3.9 3.10 3.11 3.12 3.13 3.14 3.15 Trade Facilitation and Customs Procedures...
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...Vertical Specialization and the Changing Nature of World Trade David Hummels, Dana Rapoport, and Kei-Mu Yi T he world’s economies have become increasingly integrated and increasingly global. Among the most important and often cited features of the rise in globalization is the enormous growth in the export and import shares of GDP since World War II. In the United States, international trade— that is, exports plus imports—accounted for 23.9 percent of GDP in 1996, up from 9.2 percent in 1962.1 Worldwide, the merchandise export share of production has more than doubled over the last forty-five years, while the manufactured export share of production has almost quadrupled (Chart 1). Most countries—emerging nations as well as highly developed economies—have experienced increases in their export share of GDP (Chart 2). Clearly, a greater number of countries are trading more today than in the past. David Hummels is an assistant professor of economics at the University of Chicago’s Graduate School of Business; Dana Rapoport is an assistant economist and Kei-Mu Yi an economist at the Federal Reserve Bank of New York. Another significant feature of increased globalization is the internationalization of production. Rather than concentrate production in a single country, the modern multinational firm uses production plants—operated either as subsidiaries or through arm’s-length relationships—in several countries. By doing so, firms can exploit powerful locational advantages...
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...an end. The international climate community is currently working on finding its replacement, a new regime that will determine the future basis upon which global cooperation on reducing greenhouse gas emissions and adapting to climate change impacts will take place. While formal negotiations are taking place under the auspices of the United Nations Framework Convention on Climate Change and its Kyoto Protocol, numerous parallel initiatives lead by national governments and research institutes are shaping the nature of this discussion. Determining the future of the climate regime is a complex process—influenced by the need to: balance the diverse interests and national circumstances of developed and developing countries; enable continued economic development in all countries; and promote significant energy development in developing nations. Progress is critical, if the global community is to achieve the substantial reductions in greenhouse gas emissions needed to avoid significant, adverse climate change. It is time that we take meeting this challenge out of the hands of environment ministries and put it into the hands of those who truly make the critical development decisions, including finance ministries and central planners. IISD is providing assistance in informing and facilitating the emergence of a post-2012 climate regime and the integration of climate change considerations across policy spheres. These efforts are undertaken in collaboration with international partners, the...
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...International Business Exam Chapter 1 Notes Domestic vs International Business * Business: is the manufacturing of goods or services in order to make a profit * Term “trade” is used interchangeably with business * Transactions: exchange of things of value * Domestic Business: business that transacts mainly in the country it was base din * ie owned by Canadians, in Canada, selling to Canadians (Rare) * International Business: economic system of transactions conducted between businesses in different countries * Domestic Transaction: between 2 Canadian companies * International Transaction: between Canadian + non Canadian company * Domestic Market: the customers of a business who are in the same country as the business * Foreign Market: the customers of a business who are in a different country as the business * 5 Ways for businesses to must be international * MUST own retailers or distributors in another country * MUST own manufacturing plant in another country * MUST export to other countries * MUST import from others * MUST invest in other country businesses * Trading Partner: Canada businesses make relationship with businesses in another country, so they would be Canada’s trading partner. History of Canadian Trade * European Trade * 1700s – trades grew fast after permanent Canadian settlement * Demand for raw materials (beaver pelts, fish, lumber) ...
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...OVERVIEW Introduction The purpose of this paper is for us, as a team, to learn more about the culture in Canada relating to a business atmosphere as well as a casual atmosphere. It is important to be knowledgeable of cultures in other countries, due to possible international business opportunities that may arise in the future. Overview In this paper, we discuss a little bit about the history and demographics of the country as a whole. We also talk about the government, economy, and culture of Canada on a more detailed level. Later, in the paper management in Canada as well as a comparison of the U.S. and Canada is covered. 2 CANADA- THE COUNTRY History The first group to come to Canada was the Aboriginal people who were later joined by the French and British to form the culture of Canada (Wikipedia, 2010). Canada has also been influenced by the United States relating to its social culture (Wikipedia, 2010). Canada comes from the word “Kanata”, which translates to the word “village” (Wikipedia, 2010). The capital of Canada is Ottawa (About.com, 2010). Canada is comprised of three different territories and ten different provinces (About.com, 2010). The currency used in Canada is the Canadian dollar (Bank of Canada, 2010). Canada is also one of the world’s...
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...Name: Course: Professor: Date: Executive summery As per the 2010 agreement between president of china Hu Jintao and Canadian Prime Minister Stephen Harper, expert officials from both china and Canada carried out a study to give an analytical foundation to evaluate possible bilateral economic complementarities in some specific sectors (Metz, 2001). Each and every state globally has specific interest in various sectors of economy that promotes trade with the other country of interest depending with its capacity to supply to that country. The research completion assists to set the base for the two countries to start investigative discussions on matters of trade and economic promotion, as discussed by the leaders in the 2012 presidential meeting between the president of Canada and china. Both china and Canada are big trading countries. Both countries have a past history of integral trade as well as future potential economic growth. Research indicates that china is currently Canada’s second largest trading partner, whereas on the other hand, Canada is placed thirteenth among china’s top trading partners globally (Zhang, 2009). As a matter of fact from research, there is increase in two-way trade in goods, services and investments among the two countries. However, people to people relationship between the two countries have never been strong though there is an indication that there are students who visit to each other’s country. Government to government cooperation...
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...Vo l u m e 2 N u m b e r 2 , 2 0 0 1 / p . 2 3 5 - 2 4 5 e s t ey j o u r n a l . c o m The Estey Centre Journal of and Trade Po l i cy An Analysis of an Alliance: NAFTA Trucking and the US Insurance Industry 1 Bradly Condon Professor, Department of Business, Instituto Tecnologico Autonomo de Mexico I n t e rn ational L aw Tapen Sinha Seguros Comercial America Chair Professor, Department of Actuarial Studies, Instituto Tecnologico Autonomo de Mexico and Professor, School of Business, University of Nottingham In the NAFTA, the United States agreed to phase out restrictions on the operation of Mexican trucking companies in the United States. When the deadlines came, the Clinton Administration chose to maintain the restrictions. Following a NAFTA panel ruling against the United States, the Bush Administration announced it would remove the restrictions. The decision has met with opposition from both truckers and insurers in the United States, who cite safety concerns. This article examines the economic, political and legal forces at work in this debate, as well as the relationship between the NAFTA and WTO rules on trade in services that apply. Keywords: NAFTA; insurance; trucking; WTO Introduction y a 285–143 roll call, the U.S. House of Representatives voted on June 26, 2001, that it would block the Transportation Department from issuing permits that would let Mexican trucks operate throughout the United States. This vote is the result of opposition from...
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...INTERNATIONAL BUSINESSMBA 5011 BOARD APPROVAL DOCUMENT FOR COMPANY EXPANSION IN THE INTERNATIONAL MARKET | | | | | | | Dated: AUGUST 11, 2013 Table of Contents 1.0 Introduction4 2.0 Objectives5 3.0 Company Overview6 3.1 Targeted Company Overview…………………………………………………………………………………………………………….7 4.0 Market Situation8 4.1 Local Market Situation……………………………………………………………………………………………………………………….8 4.2 International Market Situation…………………………………………………………………………………………………………..9 4.3Overview of Canada9 5.0 Market Assumptions………………………………………………………………………………………………………………………..10 6.0 SWOT Analysis…………………………………………………………………………………………………………………………………11 7.0 Target Market Needs……………………………………………………………………………………………………………………….12 7.1 Selected Products…………………………………………………………………………………………………………………………….12 7.2 Product feature……………………………………………………………………………………………………………………………….13 7.3 Product Packaging…………………………………………………………………………………………………………………………..13 7.4 Product Launch……………………………………………………………………………………………………………………………….13 7.5 Legal Considerations…………………………………………………………………………………………………………..……….…15 8.0Market Entry Strategy…………………………………………………………………………………………………………………….16 8.1 Types of Risks…………………………………..…………………………………………………………………………………………...18 8.2 Competitive Advantage………………………………………………………………………………………………………………...
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...Entry Analysis | VIH Aviation | | Cassandra BianchiniMichael HaShoaib HasanLeo LamTaylor Smith | 12/1/2011 | EXECUTIVE SUMMARY VIH Aviation has built credibility for its well trained staff, well maintained equipment, safety standards, and technological developments. The performance of the organization has caught the attention of some foreign firms, and additional business ventures will analyzed. China’s second-largest airline has proposed a joint-venture offering shares, profits, cultural know-how for equipment and managerial know-how. Australia’s HNZ group has proposed an acquisition and has offered their staff, equipment, and cultural know-how in exchange for technological expertise and heavy equipment. Finally the sister corporation VIH Cougar in the Gulf of Mexico could be further expanded. The analysis completed was a competitor analysis; Bristow, PHI, and CHC are all industry leaders bringing their own expertise to the table. Bristow is one of the largest companies in the industry and recently started using TCAS2’s (traffic collision avoidance system) for new equipment. PHI dominates the North American oil and gas market, and has the most air time experience of all firms. CHC also has strong ties with oil and gas firms, but after a significant loss they are looking to be acquired by another firm. Overall the helicopter industry is growing due to the new exploration sites for oil and gas, and many opportunities exist. The second part of the analysis was comparing...
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