MKT 3100 Cal State LA Country Market Economic Analysis Using Metrics Discussion
I need help with a Marketing question. All explanations and answers will be used to help me learn.
This assignment requires APA STYLE
Country Market Assessment Template
Argentina
I.Economic Analysis Using Metrics
Include major economic indicators for this country including the ones below and others you find that are useful for global marketers. Please form proper sentences, do not provide just numbers.
-What was the GDP (Gross Domestic Product) of the country in 2019?
-What was the GDP/capita in 2019?
-What is the population growth rate?
Your answers should include brief analysis. This goes for all of the sections in this assignment. For example, how does the population growth affect the development of the country. In some countries like Germany and Japan the population growth is so small that there is labor shortage.
II.Infrastructure and Technology
Describe major infrastructure and technological factors for this country including the ones below and others you find that are useful for global marketers.
-What is the main mode of transportation for transporting goods in the country?
-Does the country have a major international port?
-Is the country in the path of international trade routes (by land or by sea for example)?
-Does the country have a strategic advantage in terms of its geolocation? Explain.
-How advanced is the country’s telecommunications structure?
III.Governmental Actions
Include governmental actions for this country including the ones below and others you find that are useful for global marketers.
-Is the country member of an international trade agreement (e.g. USMCA, EU, CAFTA)?
-What is the exchange rate for the currency of this country and the US dollar? What does this mean (when trading with the US)?
-Does the country have quotas or tariffs for certain products? If so, what are they?
-Does the US have tariffs and quotas for products from this country?
IV.Sociocultural Analysis
Visit https://www.hofstede-insights.com/product/compare-countries/ to find out more about the following cultural dimensions for this country. Do not simply state a score, provide a brief analysis with regard to global marketing. For example, how does having a high score on long-term orientation affect consumers’ decision-making process?
-Power distance
-Uncertainty avoidance
-Individualism
-Masculinity
-Long-term orientation
-Indulgence
V.References
SOME USEFUL LINKS:
WITS World Integrated Trade Solution Country Analysis: http://wits.worldbank.org/visualization/detailed-country-analysis-visualization.html
SEB Country analysis: https://sebgroup.com/large-corporates-and-institutions/our-services/research-and-strategy/country-analysis
CIA (Central Intelligence Agency): https://www.cia.gov/library/publications/resources/the-world-factbook/
Indexmundi: https://www.indexmundi.com/
Hofstede’s Cultural Dimensions: https://www.hofstede-insights.com/product/compare-countries/
World Trade Organization: https://www.wto.org/english/thewto_e/whatis_e/tif_e/org6_e.htm
World Economic Forum: http://reports.weforum.org/global-competitiveness-report-2015-2016/