Country Risk Analysis

Country Risk Analysis

MGT/448

January 20, 2014

Country risk Analysis

Introducing new products into a new country can trying and possibly not succeed. However a company must be willing to take chances if globalization is a goal. To be prepared for an expansion of a product a business must do their research of the country that the product will be introduced and the need of the product. It is also important to analyze the practicality of the product in that country to determine if the product has a chance to thrive and succeed in that area. There are several areas that a company can research to determine the need for a product and the likelihood of success for the product in a country. To prepare for an expansion of a product a company must analyze the region and country to determine if the product is something that will fare well in the country. It is also important to analyze the product and determine if it is practical and something that could potentially sell well in a new country.

Regional Alliances

England is a country with many strong alliances and ties to other countries throughout the world. The regional alliances can be seen throughout the entire United Kingdom. The United Kingdom consists of several countries. The countries contained within its borders are Great Britain and North Ireland. These countries have not England belongs to the European Union (EU) which has set in place treaties and agreements that coincide with each other to encourage a regional trade commerce. Through this England has also created treaties such as the European Free Trade Association (EFTA). EFTA is an agreement between the United Kingdom, the Scandinavians, Switzerland, Austria, and Portugal.

Physical Environment and Trade

The physical environment of England could best be described as one of the top environments in the world. England has many opportunities and advantages due this. The location of England itself could be considered one of the main reasons that the physical environment is so strong. Influences from many other countries are held back due to the bodies of water that separate them from their neighbors. One weak point of England’s physical environment is due to the lack of land since in relation to the rest of the world it is rather small.

Political Stability

Political stability has been a strongpoint on England’s behalf for centuries. Despite the fact that they have a queen, this is more of a formality. England has a parliament and basis of their governments system played a large role in the foundation of the American government itself.