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MNG4804 ASSIGNMENT 3 SEMESTER 2 2024 (BEST SOLUTION)1. With reference to the above citation and the article you read, critically assess how African countries’ governments can strategically support emerging enterprises to export their products and/or ser$2.76
MNG4804 ASSIGNMENT 3 SEMESTER 2 2024 (BEST SOLUTION)1. With reference to the above citation and the article you read, critically assess how African countries’ governments can strategically support emerging enterprises to export their products and/or ser
MNG4804 ASSIGNMENT 3 SEMESTER 2 2024
1. With reference to the above citation and the article you read, critically assess how African countries’ governments can strategically support emerging enterprises to export their products and/or services. In your answer, identify the weaknesses and strengt...
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PU E
SHI
NG Y L E NC
OU TO THE GATE OF EXC EL
Education is the most powerful weapon which you can use to change the world
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Education is the most powerful weapon which you can use to change the world
, Table of Contents
QUESTION 1 African countries’ governments strategic support to emerging enterprises
to export their products and/or services ..................................................................... 5
African Export–Import Bank ................................................................................... 5
EXPORT CREDIT INSURANCE ................................................................................ 6
COUNTERTRADE .................................................................................................. 7
Strengths of Government Export Support Programs ................................................. 7
Financial Assistance ......................................................................................... 7
Market Access Assistance ................................................................................. 8
Weaknesses of Government Export Support Programs ............................................ 8
Bureaucracy and Red Tape................................................................................. 8
Lack of Coordination ......................................................................................... 8
Limited Resources ............................................................................................ 8
QUESTION 2 why exports are also applicable to emerging entrepreneurs in
developing countries ............................................................................................... 9
Market Expansion ................................................................................................. 9
Revenue Diversification ........................................................................................ 9
Economic Growth ............................................................................................... 10
Technology Transfer ............................................................................................ 10
Access to Resources .......................................................................................... 10
Global Exposure ................................................................................................. 10
QUESTION 3 growth within the exports markets in the near futuret .......................... 11
Industries Likely to Grow ..................................................................................... 11
Agriculture and Agro processing ....................................................................... 11
Pharmaceuticals and Biotechnology ................................................................ 12
Mining and Minerals ........................................................................................ 12
Automotive Industry ........................................................................................ 12
Renewable Energy ........................................................................................... 12
ICT ................................................................................................................. 13
Factors Driving Growth........................................................................................ 13
Education is the most powerful weapon which you can use to change the world
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