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Unit 5 - International Business P5 P6 P7 M4 D2 D3
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BTEC LEVEL 2 Unit 5 - International Business INCLUDES P5 P6 P7 M4 D2 D3, GRADED D*
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Unit 5 – International Business – Assignment 2UNIT 5 – International Business – Task
2
, Unit 5 – International Business – Assignment 2
P5: Explain the external factors that influence a selected
business considering trading internationally. M3: Carry
out a situational analysis on two countries a selected
business may consider trading in.
Introduction
In this task I am going to explain the external factors that may influence a selected business
when considering trading internationally, in this case Tesla, I will be explaining the factors
that affect the company externally through a pestle, swot and 5Cs analysis. I will therefore
be carrying out a situational analysis on two countries that Tesla may consider trading in.
1ST Country: Russia
As the first country to choose for this report as an LDC
I decided Russia. In the past years, Russia has grown in
terms of technology and other areas. The technology
has been and continues to be critical to Russia's entire
military deterrent and defensive posture, as well as
allowing the regime to extend its control on Russian
society. As a result, Russia's participation in the
technological race appears to be less of a choice and
more of an existential need, both externally and
internally. Russia does not seek assistance from the
West, instead relying on its own natural resources, overall, the country is well-modernized,
with new and refurbished infrastructure.
2nd Country: Ethiopia
As the second country for this report as an emerging economy I decided Ethiopia. The
country has understood that in recent
years technology has become fundamental
and that it is the future of the nation, and
in fact the state is taking advantage of it to
become the number one technological
centre on the African continent. Another
big step taken by the country in 2020 was
to build a fully assembled electric car in the
country which shows that the nation is in
the mood for innovation, the car was
designed by a Hyundai dealership,
Marathon Motors, the decision to
assemble electric cars in follows the request put forth by the prime minister to the Hyundai
president. In a statement made by the prime minister who forwards the reasons for this
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