This website uses cookies to ensure you have the best experience. Learn more

Country Risk And Strategic Planning Analysis Paper

2132 words - 9 pages

In Order to remain more competitive on a global scale, often companies today are deciding to globalize their markets by taking their businesses to outside countries. Successful implementation of products and services into a foreign market requires the business to conduct a necessary analysis of all the risks involved and create any applicable strategic plans addressing these issues. In this paper, a risk analysis will be conducted to help Playa Frente successfully open and run a hotel in Mexico.Political, Legal and Regulatory Risks The political, legal and regulatory risks of opening a hotel in Mexico vary. Playa Frente's plan is to acquire an existing hotel and move it under its own brand. ...view middle of the document...

Playa Frente's entrance into the market will give people more options and make the market more competitive. These companies have done very well in Mexico and have opened the door for companies, such as Playa Frente.Taxation and Double Taxation RisksThe US-Mexico tax Treaty sets the standards regarding taxation and double taxation. The agreement outlines what taxes are covered, defines who the parties and the context of the agreement and itemizes what is covered under the agreement. The agreement outlines the rules under which a business' profits are taxed and when double taxation comes into play. The agreement defines the establishment of permanent residence, which Playa Fente would seek to have by opening a hotel in the country on a permanent basis. This treaty details how the permanent resident is taxed and under what circumstance double taxation applies. Based on the information contained in the agreement, could be possible that Playa Frente may be double taxed.Market Risks (4 P's)Marketing decisions are based on four areas sometimes referred to as the "Marketing Mix." These areas consist of product, price, place and promotion. These areas are parameters that a marketing manager can control, subject to the internal and external constraints of the marketing environment (NetMBA, 2008).Service and accommodations are the products. The price must remain competitive with other resorts in the area. The resort is located in a designated tourist area and therefore, is an advantage in marketing the resort. Promotion will be conducted by internet, travel agencies, magazines and word of mouth from satisfied customers.Distribution/Supply Chain Risks Supplies require for a resort are common items such as furniture, décor, linens, food and beverages. These types of supplies will be easily obtained in Mexico either locally at more affordable prices or may be imported from the United States if not available in Mexico. Larger items such as furniture and decorating items will be an occasional purchase rather than an ongoing supply need reducing supply chain risks.Physical and Environmental Challenges The resort will be located on the beach so weather will be a factor. The resort will be all inclusive and must provide enough activities at the resort to provide guests with a relaxing and pleasurable vacation experience even if the weather deters visitors from beach activities Sales will be seasonal due to the changes in the weather. Prices will need to be adjusted to accommodate these types of environmental and physical changes.The hotel will follow American environmental standards to promote a "green" philosophy. This will protect Mexico's resourced and send the politically a correct message to the resort's guests from other countries.Social and Cultural Risks Guests visiting foreign countries want to experience the culture and have an opportunity to try something new and exciting. Mexican and American cultures will be combined to provide the guests with...

Other Essays On Country Risk And Strategic Planning Analysis Paper

Report on the Mintzberg's article in the Harvard Business Review about the fall and the rise of strategic planning

464 words - 2 pages responses with responses that emerge out of the changing environment. Strategy may appear as a plan to some, but to others the term is used to describe a position. For others, strategy implies a perspective or concept of doing business. This last often speaks volumes to the organization's values and culture.To summarize Mintzberg emphasizes the need to stop putting so much importance on the strategic planning. It can sometimes blur the image for the

Release Risk and Optimization of Railroad Tank Car Safety Design - UMD ENME 607 - Research paper

501 words - 3 pages tank material properties, which can also achieve the goal. On the other hand, the approaches to reducing non-tank-caused damage includes enclosing top fittings in a protective housing, adding protection for the bottom fittings or removing the bottom fittings completely. And in this paper, authors mainly discussed the increasing tank thickness as the measure of risk mitigation. 3. Was this the most appropriate way to mitigate this risk?  Describe

Is Corruption Beneficial? An Analysis of NCAA Men’s Basketball Programs - Institutions and Development - Thesis Paper

3255 words - 14 pages Mogstad an analysis is done with data from Norwegian ex-convicts that yields people who were not employed prior to arrest and attended a program, while incarcerated, that was meant to improve their employability, are the only group that yielded lower rates of recidivism after being incarcerated; all other ex-convicts did not have a lower probability of recidivism. The paper notes, “In comparison, OLS shows positive associations between

Personal Traits and Self Analysis - Ozarks Technical Community College COM 100 - Paper

663 words - 3 pages Personal Traits and Self Analysis Paper The first trait that I chose is passionate. Passion can be both a good thing and a bad thing when it comes to communication. My passion allows me to be a good problem solver; it gives me the drive to fix what is broken and to resolve whatever issues may be at hand. These are the good ways it effects my communication. One of the bad ways it effects my communication is, when I am having a discussion on a

Analysis on how one can become happier - Ap language and composition - Research paper

3284 words - 14 pages Nihar Mehta E319 Kersemeier RUBRIC 4/2/18 A Thorough Analysis on How One Can Master the Art of Being Happy Happiness. We are all familiar with it, considering that every decision and action we make is in pursuit of it. It is the essence of human drive and existence. It is fairly easy to recognize, but defining it is a much more grueling task. One might describe happiness as a sense of general contentment or well being. Such a definition would

Comparative Analysis on Initiation and Merit of Human Rearing Practices and Transhumanism - AP English Language and Composition - Research Paper

2931 words - 12 pages ANALYSIS OF REARING PRACTICES AND TRANSHUMANISM 13 A Magical Pathway towards Immortality: Comparative Analysis on Initiation and Merit of Human Rearing Practices and Transhumanism Abstract In this paper, the analogy of initiation and merit of human rearing practices and transhumanism are discussed by analyzing several published scholar journals, based on which we concluded the of the controversy and multifaceted nature of the current

Easy Jet And The Strategic Analysis Of External Environment

3351 words - 14 pages costs and overheads wherever possible easyJet has been able to establish themselves as one of the major players in the European airline sector.When easyJet first launched in November 1995 Stelios had a clear intended strategy to provide low-cost air travel to the masses, while maintaining high levels of customer satisfaction and passenger safety.Although many of the strategic models and techniques used by Stelios and easyJet to realise the

Abandonment and Dark Imagery in Sylvia Plath's “Daddy” - la jolla country day school, honors english 3 - Poem analysis

2206 words - 9 pages �1 Abandonment and Dark Imagery in “Daddy” Leila Bitarafan Honors English III Daddy You do not do, you do not do Any more, black shoe In which I have lived like a foot For thirty years, poor and white, Barely daring to breathe or Achoo Daddy, I have had to kill you You died before I had time------ Marble-heavy, a bag full of God, Ghastly statue with one gray toe Big as a Frisco seal And a head in the freakish Atlantic Where it pours bean green

Advanced Research and Design Analysis - GSU / Advanced Research - Research Paper

2115 words - 9 pages Johnson 2017 Zodi Johnson 11/13/17 Learning Challenge Solution There have been countless instances where no matter how much I study a subject or feel like I understand the material I always end up having an anxiety attack as soon as I start trying to apply that information when taking a test. My palms start to sweat, and my heart will start racing. Eventually, I'll start to feel helpless and lose focus and then it feels like I don't remember any

Beethoven Symphony No.9 Analysis - Lander University, Form and Analysis of Classical Music - Research Paper

899 words - 4 pages time period. Beethoven knows of all the beautiful and well-known music of his time but knows that there must be something about his music that distinguishes him from other composers. I think drama and tension alongside the beautiful memorable melodies of his music are a great way to make sure you are the one listeners remember. I want this analysis of Op.49, No.2 to shed light on how Beethoven creates drama and tension in his music while keeping the

Analysis Paper that talks about bioethics and its role in society and religious aspects - BIOE - Essay

628 words - 3 pages era. When Garrett was discussing his paper on “The Newly Dead”, he discussed the way that physicians, hospitals and patients thought of the word dying. This reminded me of a class discussion when we were asked about what indicates death. A student stated that there is a distinction between being dead and brain dead, which differs between humans and animals. For example, if an animal suffers from a mental incapability, it is not looked at as dead

Similar Papers

Decision Making, Planning, And Strategic Planning

925 words - 4 pages AbstractAsk five or ten different people for a definition of strategic planning or decision making or even planning and you will probably receive five or ten different answers. Most agree that strategic planning is a way to identify long-term goals and to direct your company toward fulfilling those goals.Most also will agree that decision making is a cognitive activity involving the interplay of environmental cues and human cognitive processes

An Analysis Of Flannery O Connor And Good Country People Oakley Research Paper

3894 words - 16 pages A Sharp Eye for the Grotesque in Flannery O'Connor's "Good Country People" Robert C. Evans "My own feeling is that writers who see by the light of their Christian faith will have, in these times, the sharpest eyes for the grotesque, for the perverse, and for the unacceptable." —Flannery O'Connor, Collected Works 805 Practically anyone who has read Flannery O'Connor's fiction would agree that it is frequently "grotesque," and indeed for many

Avian Influenza Emergency Management And Planning York College, Emergency Planning Research Paper

3347 words - 14 pages outbreak in United States of America was in nineteen twenty-four. Avian Influenza is known as many names such as bird flu influenza, but still having same drastic effect for almost hundred years and still counting. Firstly, this paper is going to introduced the preparedness plans, recovery process, mitigating procedures and responding process also each of these procedures will be analysis including; strengths, weakness, opportunies and threats. The

“What Is The Point Of Learning About Risk And Return If I Am Planning To Be An Accountant”. Afin253 Essay

1095 words - 5 pages the financial statement. In order to do all of the tasks above, an account needs to master the knowledge about risk and return management to come up with the most reasonable data. Becoming a strategic advisor could also be considered as one of the motivation for an accountant to study about risk and return management. Hancock and Beasley (2015) state that accountants own unique understandings of an organization’s financial position, such as