Management - Individual Business Report Essay Example | Topics and Well Written Essays - 1500 words

Management - Individual Business Report - Essay Example The report elaborates on the external environment analysis of Brazil and its suitability for BlueScope to expand. SWOT analysis of BlueScope Steel identifies the internal capabilities and external opportunities, based on which recommendations are forwarded for the Australian company. Why Brazil Brazil, one of the member nations of BRIC, is the largest country in South American continent and also the 5th most populous and largest geographical country in the world. It shares its borders with a host of other nations which provide it a very good international connectivity. Brazilian GDP crosses the mark of US Dollars 1 trillion and boasts off a rich reservoir of mineral resources (Gurmendi 2010). Industrialization is already at peak in Brazil with automobiles, computers, aircrafts and other steel-intensive industries providing expansion and diversification opportunities to steel manufacturers and even those operating in mining industry. In the entire Latin America, Brazil ranks first in the production of iron ore, manganese, aluminium and ferroalloys. Steel production remains one of the top 10 industries and iron ore the second largest exported commodity. It stores 19,500 million tons of iron ore reserves, making it the 6th largest iron ore reserving nations of the world (Gurmendi 2010). These figures present mouth-watering prospects for steel manufacturers and those operating in mineral based industry. This is what which makes BlueScope Steel willing to enter Brazil as a part of its business expansion strategy. PESTL Analysis of Brazil Political States, Municipalities and Federal District constitute the autonomous and non-hierarchical political set up at Brazil. It has a democratic form of government and states enjoy their individual constitutions. As such, laws of States do not contradict with Federal Laws. Civil law is given preference to common law which is favourable to the general public in Brazil. Labour laws are also specialized in Brazil which acts as safe guard to protect the rights of employees and labours against ineffective foreign and domestic employment practices. Economic Economically, Brazil has shown clear signs of good economic recovery and potential to become an excellent investment hub. It has supported expansionary monetary policy which fuels the growth of private consumption and capital formation. Significant improvements in Brazil’s GDP and macroeconomic basics, it is poised to grow at an annual rate of 4-5% throughout 2012. Use of prudent policies led to Brazil’s growth by 2.8% in 2006 and 4.5% in 2007 and due to increase of exports, international expansion and reduction in unemployment, debt-to-GDP ratio and inflation; promise a very good investment opportunity in Brazil (International Finance Corporation 2006). Special legislation to promote public-private partnerships was also passed in the year 2004. To support free trade, Brazilian government is also tying hands with developing nations and getting si gnatories to free trade blocs like Mercosul. Developed industrial sector of Brazil strengthens its economic viability (Gurmendi 2010). Because of dominance of industries like automobile, machinery and equipment, steel, tin, computer, aircraft, etc., Brazil offers tremendous growth potential for steel manufacturers. Socio-cultural Brazil is culturally very diverse with a mix of religions, ethnicities and celebrations. While Catholicism is

Business Planning Assignment Example | Topics and Well Written Essays - 4000 words

Business Planning - Assignment Example Business Plan is consist of three portion planning. They are marketing plan, Operation plan, and financial plan. Considering the mentioned areas planning has developed the Business Plan for Charm Company. The hard and soft system factors need to be addressed by the manager carefully to make a successful business plan. Carefully evaluation is very important companies. Fully costed business plans are prepared and defended in some specific ways. "Best practice" is sometimes controversial. So company authority needs to carefully think and take best practice. And it is needed to implement precisely. A business plan is a formal arrangement of a set of business goals, the causes why they are believed attainable, and the plan for achieving the desired goals. A business plan also contains background information of the organisation or team who are attempting to reach those goals. Profit-oriented Business Plans usually focus on financial goals whereas non-profit and government agency Business Plans tend to focus on service goals. A business plan that has changes in view and branding as its primary goals is known as a marketing plan. Business plans may have focus on both internally or externally. Externally focused plans are important for external and financial stakeholders, sometimes investors, customers, and donors. Internally focused Business Plans consider intermediate goals needed to reach the external one. Internally focused plans include the development of a new product, a new service, a new IT system, a redistribution of finance, the refurbishing of a factory or a redesigning of the organisation. Here we will see how a business plan not only considering either internal or external, but focusing the both have been developed. And for this, we have chosen Italian Charm Company. Overview of Italian Charm Company: Charm Company is an Italian Company, which is located in Branson, Missouri at "The Marketplace" Shopping Centre. Their normal business hours are Monday to Saturday 10am - 6pm. They emphasize on the importance of customer service. Their knowledgeable staff members are not only friendly, but also charm enthusiasts tic. If the customers feel a charm is lacking in quality or design, Charm Company doesn't sell that showing respect to the customers. Their only goal is to bring their consumers with the finest quality charms, beads, and watches at reasonable prices. They accept VISA, MasterCard, and money order etc. All of their charms, watches and beads are handcrafted (fully made by hand, not by machine) in Italy from materials including 18-karat gold, real silver, cubic zircons, semi-precious stones, premium enamel, and stainless steel. Role,