Wednesday, May 1, 2019

You are asked to analyse current developments in Canadian cultural, Essay

You are asked to analyse current developments in Canadian cultural, goernmental and economic business environs impacting investment plans of a German-based luxury car manufacturer - Essay standardThis paper will explore current developments in Canadas cultural, political and economic business environment and how they affect Audis investment objectives.With its stable democracy, economy, and culture, Canada ranks high on the list of ideal investment locations in the world. The economy has been thriving since the end of World War Two, and the landed estate has been in the good books of major foreign organisations for as long as it has existed. The countrys middle class has been growing steadily over the years, and there are no signs that it will shrink anytime soon. The number of wealthy citizens has also increased importantly in the past two decades, creating more spending power and expanding the market for luxury goods (Anastakis, 201321). Like either manufacturers of luxury pro ducts, Audi seeks to move as many of its goods as possible in the cheapest and most effective representation possible. Audi has had operations in Canada since 1971, and it was one of the first automakers to venture into a market that was relatively unexploited at the time. As at January 2015 Canada had made almost 15% of the automobiles assembled in North America. The Economist has also rated the countrys business scene as the most conducive among G7 countries that produce vehicles.Canada has recognised its automobile persistence as a key sector in its current and future growth plans. As such, it has bewilder in place measures to support manufacturers in the country. Although Audi does not have an assembly plant in Canada, it relieve exports a significant amount of vehicles to the country, and operates dealerships that cater to the needs of its Canadian customers (Peters, 201326). A core aspect of sustenance automakers is guaranteeing a global market for their goods. Using the Global Markets Action Plan, the Canadian government has signed 7 different free trade agreements with thirty-eight nations. In addition, it has signed or adopted

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