Outlook For The FutureBefore writing, think about some of the key attributing variables that are causing managers roles to change.  BE cognizant of two factors. First, that the business environment is in constant change and new circumstances will require new strategies and new approaches to implementing those strategies. Second, that strategic management is a young subject that is still in its early stages of development. Finding solutions to familiar and new business problems will require openness to new ideas, new concepts, and new approaches to strategy formulation and implementation.Now, in your discussion question address the following questions:

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What are the hot prospects for a foreign company entering that country?

COUNTRY REPORT

Working in teams of 2, students will present a country analysis, and prepare a summary of an assigned country.

This report will consist of an analysis of important environmental data in that country: population, GNP, major exports, imports, historical and cultural characteristics, etc. The report will also provide the outlook for marketers in that country, i.e., in what stage of development is the country? What is the structure of competition in the market? What do consumers seek? What are the trends? What are the hot prospects for a foreign company entering that country? What are things for marketers to watch out for (possible risk factors or cultural pitfalls, etc.)? Finally, the presenters of the report should teach the class some helpful phrases for the business traveler in that country.

It is expected that the author of the report will be experts on the country and fully up to date on current conditions which may be of interest to marketers (e.g. changes in political leadership, economic crises, etc.). Consultation with news reports from the past year regarding your country is highly recommended. These sources (WSJ, NY Times, Business Week, Economist, etc. or local sources in that country) may be found in LEXIS NEXIS in the library. DO NOT PLAGIARIZE!!

The most informative reports are those in which the presenters are able to synthesize the information given into useful insight. The least informative (least interesting, and lowest scoring) reports are those in which the presenters simply read the information listed on their summary of country information.

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Becoming Thirsty

Water covers 75% of the Earth’s surface, but most of it contains high concentrations of salt and is unavailable. Desalination is expensive for developing countries, making that salt water unsuitable for consumption or irrigation. Consequently, access to fresh water is a growing issue as countries share the same water sources. This even has the potential to become an issue of national security.

Think of the issues that come from circumstances in which countries share the same water source. For example, consider disputes over the Jordan river between Jordan and Israel, or the Tigris River between Iraq and Turkey.

Now consider what would happen if your state or community had only limited fresh water access. How involved do you feel local governments should be in controlling water access?

Have at least one response to the Class Discussion of at least one paragraph.

Class Discussion:

Travis,

I reside in Florida. Florida is known for the increasing population which in turn increases the demand for fresh water. Florida is already expected to be low on groundwater sources to meet the demand as legislatures are already creating projects to conserve freshwater. I have noticed numerous programs for water efficiency that have been used in the past and still are currently used. The use of water more efficiently is one of the best ways noted to help conserve water. The neat thing about Florida is they are the largest users of groundwater east of the Mississippi River. I happen to be a user of groundwater; however, the problem with using the aquifers is it could damage wetlands. Florida is also impacted by droughts and heatwaves.

I believe the local government is already quite involved with conservation use. We currently have programs such as save our lakes. During peak heat, there is limited watering outdoors. The local government would be quite involved in my opinion. Florida is still working to find ways to protect water from algae problems.

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Describe the five essential elements of an enforceable contract

Describe an example of a contract that you or someone you know entered into (e.g., rental agreement, cell phone agreement, property purchase or lease [e.g., car, home, furniture, etc.], home or car repair, or student loan agreement). In your description, be sure to provide specific contractual details including parties and subject matter involved. You must also address the following: Define the five essential elements of an enforceable contract, and demonstrate how each element relates to your example.Explain the circumstances of a breach of contract in your example, and discuss possible remedies. The paper must be three to four pages in length (excluding title and reference pages) and formatted according to APA style. You must use at least two scholarly sources other than the textbook to support your claims. Cite your sources in-text and on the reference page.

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