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International Business

Essay by   •  May 15, 2011  •  2,525 Words (11 Pages)  •  1,046 Views

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Table Of contents

1. IntroductionÐ'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'..... 2

2. Company profileÐ'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...... 2

3. Industry ProfileÐ'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'.... 2

4. Product ProfileÐ'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'..... 3

5. Country ProfileÐ'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'.... 4

6. Country Factor analysisÐ'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'... 4

- Political environment in IndiaÐ'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'... 4

- Economic environment in IndiaÐ'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'.... 5

- Legal environment in IndiaÐ'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'... 5

- Indian Contract Act, 1872(ICA)Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'... 6

- Foreign investment policyÐ'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'..... 6

- Cultural environment in IndiaÐ'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'... 6

- Ethical and Regulatory Considerations found in IndiaÐ'...Ð'..... 7

7. Country Market analysisÐ'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'..... 7

- The marketÐ'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'... 7

- The ConsumerÐ'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'..... 8

- The Competitors Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'..... 8

8. Conclusions & RecommendationsÐ'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...... 9

9. ReferencesÐ'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'...Ð'... 10

Introduction:

In today's Dynamic world, People like to purchase goods and services from other countries, In Fact, with the help of international trade, people can came closer to each other's countries, International trade also helps people to chose different types of goods and services from other countries, For example, Finland Got extremely cool climate, so Finland can not able to produce cotton effectively, but on the other side, Finland can sell Paper and Other Craft products to other Countries. So, based on this example, we can say that international trade (business) also depends upon countries, means country's climate, its condition etc.

- International trade (business) can be specific engine for the job creation, means international business can be helpful for filling up Unemployment gaps. On the other hand, Opening new doors for the world. International business can also be useful in expanding job Opportunities.

- According to department of commerce of the United States, Every $1 billion increase in exports leans 22,800 new job opportunities in the country.

Company Profile:-

Nokia is been established since a decade, nokia believes in good service to their customers,. They create their products and also manage their operations.Nokia made their products in such a way that it can be easily recycled. Since 1998, Nokia selling there Products Like Ð''Hot Cake' and there product are continuously in good in Quality, features and Looks.

Industry Profile:

Fastest economy of India leads Nokia to Highest selling growth of their phones in near future. India is developing country so there is always some development taking place in Indian Market. Indian Market has all types of consumers Like Middle class, Upper class, lower class and rich people. Different Ð'- different kids of Phones demanded by different-different class of peoples, since 1991, usage of mobile phone grown rapidly; Most of Indian people got mobile phones in their pocket. For best details , we can use following graph for this argument:

(http://blogs.zdnet.com/ITFacts/index.php?cat=4)

From above graph , we can say that the use of mobile phones are continuously increase rather than residential phones , Mobile phones Industry is continuously developing and always got New technology in their products which is not possible in residential phones , it is simple phones and cannot be compared with High-end Mobile phones.

- Due to its high Population, India is been constantly considered as Wide range of Mobile market.

Product Profile:

Nokia N-95 is the latest i-phone by the Nokia Company. it has got 5 megapixel camera in it with

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