Free Essay

Brazil

In: Business and Management

Submitted By jennabean
Words 448
Pages 2
Jennifer Lopez
International Business
Paper #1

First I will talk about all of Brazil’s major weaknesses. Brazil has a complex high tax and labor environment. Brazil is having a financial crisis, with a lot of unemployment. For most of the jobs, the salary is very low. They suffer from underinvestment in the electrical generation, and it makes them prone to blackouts. The Brazilian population is very weak in the English language skills, because about 99% speak Portuguese. Brazil has a shortage of international experience with technical and managerial ranks. It can become a problem for multinationals with operations coming to Brazil. Only about 7% of Brazil’s populations have a University degree. Brazil’s currency has fluctuated over several decades. In the bigger cities like Rio de Janeriro and Sao Paulo they have more crime and social problems. Brazil IT sourcing is small but has some potential in the future.
I will now talk about all of Brazil’s strengths. They have a tradition of a very strong Engineering schools with high quality graduates. In their Banks they have a very sophisticated automated banking with dynamic domestic market for IT software and services. The Brazilian’s are more westernized and they practice culture and values. It can be shared understandings in having good working relationships that are effectiveness. It will bring good communications with companies in the US and Western Europe. Brazil has about 300,000 that are employed in the IT services. By having a minimal time zone it gives Brazil an advantage compared to their competitors in China and India. It gives them access and coordination with clients as well as the off shore project support teams. Brazil shares many cultural references with us in the U.S. like music, movies, and television shows.
Do you feel that Brazil will become a greater force in the world market place?
I feel that Brazil has some very important weaknesses that are needed to run a great force in the market. I think it’s important to have a lot more strengths that you have weaknesses. I think in the future Brazil can become a very good opportunity and very profitable for all new investors. They have some problems, and issues that need to be worked out before offering Business in Brazil. Some of the most important are the language barrier, and the blackout issues. If I owned a food business in Brazil I would not want my business to suffer for having blackouts for hours, or days at a time. I would be losing thousands of dollars during the blackouts.

Works cited
Ball, Geringer, McNett, Minor. International Business "The Challenge of Global Completion" 13th Ed. New York: Mcraw-Hill Irwin. 2013.

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