It is obvious that the population density of the Republic of Serendib is very high, because there are 34 million people living in 285,610 sq km. However, the adult literacy rate is 92%, which means a majority can read and write. Thus, advertising is a good business opportunity, besides 70% population lives in rural, and while 30% live in urban, which suggests that people regularly shuttle between countryside and city. Owning to that fact, business can set billboards in the roads in order to attract people's attention and impress potential consumers. Some billboards also can be built in the downtown to get attention.
It is overt that the population density of the Republic of Serendib is very high, because there are 34 million people living in 285,610 sq km. In addition, the population distribution is extremely not balanced. 70 percent people live in the bucolic, but in contrast only 30 percent people stay in municipal. In rush hours, the crowd is inevitable. Therefore, it is an opportunity niche to develop the transportation. Besides, the GDP per capita is not high, so develop more public transportation and freeway, which can save people time. Building roads can also lead many relevant peripheral industry, like concrete industry.
GDP of Republic of Serendib is not high with US$ 420 billion, and the GDP per capital is US $14,580 in a low level. It is implied that the Republic of Serendib is developing country. And the country is a rural-based which also points to improving country. Furthermore, income distribution shows that 80% population control the 35% income, in other words, the most income is controlled by 20% population. In short, income distribution is unequal. For business, firms should develop the life necessities, especially food, such as milk and bread, should be popular and may
one stop shopping centre with all thier needs .The company’s target market usually applied to the upper middle-class ,trendy ,women ages 16-35 who enjoy exquisite and unique designs (Global logistics and supply chain Strategies ) Zara expand its business through out different other countries and regions after its great success in Spain and other European countries .Currently there are over 1100 store in 68 countries and same trend and approach is applied ina all stores of country or region (Global…
Challenges to global business for a non-specialist audience Content 1. Introduction Error: Reference source not found Introduction: Due to the business globalization, the global market brings more opportunities and creates more profits to the companies which invest in. Likewise, the interest attracts more and more investments which is targeting this big cake. Because of this, a product tend to consist…
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Kuwait is wealthy and relatively free midsized Middle Eastern economy. According to economic freedom scale Kuwait has and economic freedom score of 76, scoring highest in both trade and investment freedom and lowest with regard to property rights, business freedom, and freedom from corruption (Heritage Fund). Not unlike many Middle Eastern countries, Kuwait’s economy is heavily reliant on income from oil. The country has the 7th largest proven oil reserves in the world, and its state ownership of the…
analysis of the company to self-assess it’s abilities to enter into foreign market and also the PESTEL analysis of the Target country and its market. Legal aspects of trade are provided in the report and all the regulations and acts related to food business and dispute settlement which can enhance the affectivity of knowing them. Market entry plan and proper strategies to enter into Canadian market have been lucidly explained in the report. OVERVIEW Parle Products Private…