Module 3 Homework PDF

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INT 220 Module Three Assignment Template Economic and Political Environments Comparison Complete this template by replacing the bracketed text with the relevant information. Section One In the space below, describe your initial thoughts on how insights from the required data to be collected could help to inform business decisions. For example, consider what information each data point provides, whether you think some data points should be weighted heavily than others in making a business decision, what ideal data points might look like for expansion into a new market for your product, the ways that different political systems may impact a decision, and so forth. Brazil Business Impact:  Political System: Fair competition, open market  Economic Classification: Cheap labor, untapped market  Economic Blocs Impacting Trade: Economic blocs help to get access to free trade and international market.  Gross Domestic Product: High GDP indicates high output of the country.  Purchasing Power Parity: High PPP indicates high internal consumption and private market.  Gross Domestic Product Per Capita: Per capita income indicates the common people ability to afford service and products.  Human Development Index: It indicates the quality of the workforce-skilled, semi-skilled and unskilled.  Gender Development Index: It indicates mature society.  Gender Empowerment Measure: Brazil has taken steps to empower its citizens irrespective of gender. There are laws for equal pay, rights for parental inheritance to promote equality.  Human Poverty Index: It indicates the amount of poor people in the country. China Business Impact:  Political System: Government invention, semi open market  Economic Classification: Cheap labor, untapped market  Economic Blocs Impacting Trade: Economic blocs help to get access to free trade and international market.  Gross Domestic Product: High GPD indicates high indicates consumption and private market.  Purchasing Power Parity: Per capita income indicates the common people ability to afford service and products.  Human Development Index: It indicates the quality of the workforce-skilled, semiskilled, and unskilled.  Gender Development Index: The society of China is opening.  Gender Empowerment Measure: China’s one child policy has ensured gender equality in the country.  Human Poverty Index: It indicates the amount of poor people in the country. Germany Business Impact:  Political System: Legislative power is vested in the Bundestag (The parliament of Germany) Bundesrat (the representative body of the Lander, Germany’s regional states)  Economic Classification: Highly developed social market.

 Economic Blocs Impacting Trade: Germany economy is expected to grow further soon. Growth is supported by Germany’s leading export position.  Gross Domestic Product: Germany’s GDP value represents 3.17 percent of the world economy.  Purchasing Power Parity: High income determines weather the markets are at a good standing or not.  Human Development Index: It indicates the amount poor people in the country.  Gender Development Index: The amount that an employed female in Germany earns 23.1% less than the male employees make.  Gender Empowerment Measure: Main gender issue is the fact that women get paid less than men, but honestly that happens all over even today.  Human Poverty Index: It indicates the amount of poor people in the country.

Section Two Complete the provided table by finding the appropriate information and data points for each identified category using course and external resources and explain the insight that each selected statistic provides for business professionals. Insight explanations can be completed using bullet points. Category Political System

Brazil Democracy Developing Nation

China Single PartyCommunist Developing Nation

Economic Classification Economic Blocs Impacting Trade Gross Domestic Product Purchasing Power Parity Gross Domestic Product Per Capita Human Development Index Gender Development Index Gender Empowerment Measure Human Poverty Index

Germany Democratic and Federal Mixed

Yes

Yes

European Union

$1.87 Trillion USD

USD 14.17 Trillion

USD 3.37 Trillion

USD 27.31 Trillion

3,323.23 billion Euros 4,064.64 USD 3.42 Trillion

$8,967

$10,099

3.861 Trillion

0.76

0.76

0.947

0.38

0.16

0.084

Rank 70 0.490

Rank 51 0.534

0.765 Rank 9

19.90%

1.70%

10.3

Section Three Rank the appropriateness of introducing your selected product into the three markets from “most appropriate” to “least appropriate” using the gathered political and economic data you collected, then

provide a rationale for why you ranked the markets the way you did on the basis of the data you gathered. Political system: 10 Economic classification: 6 Economic Blocs Impacting Trade: 5 Gross Domestic Product: 7 Purchasing Power Parity: 8

Gross Domestic Product Per Capita: 9 Human Development Index: 4 Gender Development Index: 2 Gender Empowerment Measure: 1 Human Poverty Index: 3 References

Known Aurthor, N. (n.d.). The Next Frontier: Human Development and the Anthropocene. Retrieved from http://hdr.undp.org/sites/default/files/Country-Profiles/BRA.pdf O'Neill, A. (2021, May 04). Germany - share in global gross domestic product (GDP) adjusted for purchasing power Parity (PPP) from 2016 to 2026. Retrieved May 22, 2021, from https://www.statista.com/statistics/624172/germany-share-in-global-gdp-adjusted-for-ppp / Newsroom, T., & Newsroom, T. (2020, August 28). So, just how does the Brazilian political system work? Retrieved May 22, 2021, from https://brazilian.report/guide-tobrazil/2017/10/15/brazil-political-system/ National Parliaments: Germany. (n.d.). Library of Congress. Retrieved May 22, 2021, from https://www.loc.gov/law/help/national-parliaments/germany.php#:%7E:text=The %20German%20Bundestag%20(Parliament)%2C,its%20inaugural%20meeting%20in %201949.&text=The%20German%20Bundesrat%20is%20the,take%20place%20every %20four%20years.

Known Author, N. (2020). Gender Empowerment Measure. Retrieved May 23, 2021, from http://www.rrojasdatabank.info/hdr20072008tab29.pdf...