Individual business report Essay Example | Topics and Well Written Essays - 1250 words

Individual business report - Essay ExampleArnotts seeks to expand its market by sourcing and manufacturing the entire product in Greece since biscuits and snacks be too peripheral to any countrys economic needs to feature saliently in import-export trade. Other alternatives to this mode of expansion is bound to expose Arnotts to the government-imposed rigours of import-export trade, since the Greece government like any other, will seek to maintain a favourable balance of trade.The report will discuss the feasibility of Arnotts rely to go to Greece, in respect to Arnotts current status and Greeces socioeconomic, political, legal and environmental conditions. Parts 2.0- 6.0 of this report discuss Arnotts prospects in open of the political, legal, economic, socio-cultural and technological conditions in Greece. Part 7.0 discusses Arnotts prospects by using SWOT analysis. Part 8.0 is the recommendation section.Greeces political stability is underscored by it being a parliamentary rep ublic, having the President as the head of the state and the Prime Minister as the head of the government. The constitution of Greece with its 120 articles allows for the separation of powers among the legislature, judiciary and the executive. This political stability will help Arnotts to thrive. Likewise, taxation and regulation of trade will be carried adroitly, since separation of powers readily co-occurs with bureaucracy (Kizos and Iosifides, 2007, 66).Brgoanu, Negrea and Dasclu (2010, 35) explain that Greece get together the European Union (EU) in 1981 and represents 41.5% of the EUs deadweight tonnage. Greco-Australian relations are very close. This closeness dates back to World War I and II and the Korean War where Australia fought alongside Greece. Therefore, the Grecian government is naturally predisposed to encourage Greco-Australian trade (Vogiatzoglou, 2007, 53).Arnotts must sign articles of