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INT4801 MNG4804 ASSIGNMENT 3 2024 FULL SOLUTIONS Corporations are well known for exporting products and services across the globe. Discuss why exports are also applicable to emerging entrepreneurs in developing countries? (20 marks) Based on the article€5,38
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INT4801 MNG4804 ASSIGNMENT 3 2024 FULL SOLUTIONS Corporations are well known for exporting products and services across the globe. Discuss why exports are also applicable to emerging entrepreneurs in developing countries? (20 marks) Based on the article
International Business Management (Text and Cases)
INT4801 MNG4804 ASSIGNMENT 3 2024 FULL SOLUTIONS
Corporations are well known for exporting products and services across the globe. Discuss why exports are also applicable to emerging entrepreneurs in developing countries? (20 marks)
Based on the article, and current research, which industries...
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Table of Contents
QUESTION 1 African countries’ governments strategic support to emerging enterprises
to export their products and/or services ..................................................................... 4
African Export–Import Bank ................................................................................... 4
EXPORT CREDIT INSURANCE ................................................................................ 5
COUNTERTRADE .................................................................................................. 6
Strengths of Government Export Support Programs ................................................. 6
Financial Assistance ......................................................................................... 6
Market Access Assistance ................................................................................. 7
Weaknesses of Government Export Support Programs ............................................ 7
Bureaucracy and Red Tape................................................................................. 7
Lack of Coordination ......................................................................................... 7
Limited Resources ............................................................................................ 7
QUESTION 2 why exports are also applicable to emerging entrepreneurs in
developing countries ............................................................................................... 8
Market Expansion ................................................................................................. 8
Revenue Diversification ........................................................................................ 8
Economic Growth ................................................................................................. 9
Technology Transfer .............................................................................................. 9
Access to Resources ............................................................................................ 9
Global Exposure ................................................................................................... 9
QUESTION 3 growth within the exports markets in the near futuret .......................... 10
Industries Likely to Grow ..................................................................................... 10
Agriculture and Agro processing ....................................................................... 10
Pharmaceuticals and Biotechnology ................................................................ 11
Mining and Minerals ........................................................................................ 11
Automotive Industry ........................................................................................ 11
Renewable Energy ........................................................................................... 11
ICT ................................................................................................................. 12
Factors Driving Growth........................................................................................ 12
Global Demand Trends .................................................................................... 12
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Regional Advantages ....................................................................................... 12
Government Policies and Trade Agreements ..................................................... 12
Innovation and R&D......................................................................................... 13
References ............................................................................................................ 14
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