You are an employee at a multinational corporation (MNC). Your goal is to convince the executives in the MNC to start selling a product or service to a country to help them solve a problem. Provide an executive summary (350-500 words) to explain the current problem in the country and propose a solution using your company’s product or service. Provide research and evidence that supports your summary. Use the following format:
Introduction and Problem Identification
Select one of the three countries you used in Topic 2 globalization presentation assignment. Provide an overview of a current problem in the country and the impact the problem is having on the country.
Propose a Solution
As an employee at an MNC, you are trying to convince the executives at the MNC to start selling a product or service to the country to resolve their current problem.
Highlight potential obstacles the MNC could face when starting to sell the product or service to the country (e.g., economic, legal, and cultural factors).
Identify a local business within the country that could partner with the MNC to sell the product or service.
Identify how selling the product or service to the country would benefit the MNC (e.g., return on investment, market expansion, corporate image).
The Impact of
Globalization on
Countries
Introduction – Bahamas
? One of the wealthiest nations in the
Caribbean
? First European colonies in the Americas
? Caribbean region is still feeling the effects
of colonialism
Introduction – Italy
? Located in Southern Europe
? Boot shaped country
? Includes two islands
? Member of European Union (EU)
? Dominates Central Mediterranean
Introduction –
New Zealand
? Located in Southwestern Pacific
? Separate colony
? Independent dominion
? Under the rule of England
Globalization and Economic Development in
The Bahamas
? Economic: Tourism and Transportation
? Political: Constitution and Political Parties
? Education: Compulsory and Collegiate
Globalization and Economic Development in
Italy
? Powerful, mixed economy
? Sovereign nation
? Regional state
? Lower birth rate
? Tourism
Globalization and Economic Development in
New Zealand
? High income and living standards
? Tourism
? King Charles III
? International agreements
? Religions and sports
Globalization of The
Bahamas
P ro s :
? I n c re ase d t ra d e
? To u ri sm
Cons:
? E nvi ro nme ntal i m p a c t
? D e c i s i o n m a k i n g a b i l i ti e s
Globalization of
Italy
P ro s :
? I n c re ase d t ra d e
? To u ri sm
Cons:
? C o r r upt ion
? Sl o w e co n o my
Globalization of
New Zealand
P ro s :
? To u ri sm
? H i g h i n co m e l eve l s
Cons:
? E nvi ro nme ntal i m p a c t
? H i g h i n co m e l eve l s
Multinational Corporations – The
Bahamas: Hutchison Whampoa
Opportuniti es:
? To u r i s m a n d Re l a te d S e r v i c e s
? Re co n st r u c t i o n a n d I nf ra s t r u ct u ra l
Re d ev e l o p me nt
Challenges:
? A p p ro va l p ro c e s s
? I nf ra st r u ct u re c h a l l e n g e s
Multinational Corporations – Italy:
Nestle
Opportuniti es:
? N o d o m e s t i c co m p et i t i o n
? D e s i g n a n d co n s t r u c t i o n
? N a t u ra l ga s a n d re n ew a b l e e n e rg y
Challenges:
? L a c k o f t ra n s p a re n c y
? I nf ra st r u ct u re
? E n e rg y s o u rc e s
Multinational Corporations – New
Zealand: FedEx
Opportuniti es:
? I nf ra st r u ct u re p ro j e c t s
? Te c h n o l o g y
Challenges:
? L i m i te d m e a n s o f i m p o r t /ex p o r t t ra n s p o r ta t i o n
? H i g h ra te s
Multilateral World
Organizations
T h e B a h amas , I ta l y, a n d N ew
Ze a l and a l l p a r ti c ipate i n :
? T h e I nte rnati onal M o n etar y
Fu n d ( I M F)
? T h e Wo r l d Tra d e O rgani zati on
( W TO )
The Bahamas Trade Agreements, Partners,
Imports and Exports
Trade Agreements:
?
Caribbean Community (CARICOM)
?
Economic Partnership Agreement (EPA)
?
Caribbean Canada Agreement (CARIBCAN)
Top Three Trade Partners in 2020:
?
United States
?
Turks and Caicos Islands
?
Canada
Imports:
?
Petroleum
?
Ships
?
Aircraft
?
Floating docks
Exports:
?
Oil and Mineral Fuels
?
Plastics
?
Seafood
Italy’s Trade Agreements, Partners, Imports and
Exports
Tra d e A g r e e m e n t s :
Imports:
? O i l a n d M i n e ra l F u e l s
? EU-CARIFORUM
? U n i te d S ta te s
To p Tra d e Pa r t n e rs i n 2 0 2 1 :
? G e r m a ny
? F ra n c e
? U n i te d S ta te s ( E x p o r t )
? China (Import)
? I n d u st r i a l M a c h i n e r y
? Electrical Machinery
Exports:
? I n d u st r i a l M a c h i n e r y
? M o to r Ve h i c l e s a n d Pa r t s
? Electrical Machinery
New Zealand’s Trade Agreements, Partners,
Imports and Exports
Tra d e A g re e m e nt s :
Imports:
? M o to r Ve h i c l e s a n d Pa r t s
? M u l t i p l e w i t h o t h e r W TO m e m b e rs
? Tra d e b l o c s i n c l u d e A P E C a n d T P P
To p T h re e Tra d e Pa r t n e rs i n 2 0 2 1 :
? China
? A u s t ra l i a
? U n i te d S ta te s
? Industrial Machinery
? E l e c t r i ca l M a c h i n e r y
Exports:
? D a i r y P ro d u c t s
? M e at
? Wo o d
Conclusion
The Bahamas: beautiful islands with cities, privacy, and beautiful
beaches.
Italy: rich culture, architecture, varying regions
New Zealand: differing areas of tourism, culture, lack of access
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?
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