Global Engneering

Running Head : Global EngineeringCase Study : Investing in upstreamOil Business in EcuadorNameSubjectProfessorDateCase Study : Investing in upstream Oil Business in EcuadorIntroductionIn this age of globalization , companies promote abroad markets to sum up their sales and dough and to hold dear their markets , profits and sales against competitors . Given these absolute business objectives it is also of import to determine the different forces in a foreign surroundings that could affect the viability and competitiveness of any company . These forces washbasin be internal - those which can be obligateled - or external - those which cannot be controlled . Between the two , it is more crucial to olfactory perception at the uncontrollable forces , such as competition dispersal , stinting , socio-economic , financial , leg al , etc . because they are beyond the control or management of the company . When it comes to this aspect , the Ecuadorian choose manufacturing is worthy for a case study given the horde government s socialist tendencies and conflicts with a number of foreign petroleum companiesIn a country where a populist government is dictating the rules of the endanger , private companies have no means to protect their interests , therefore losing their capacity to pursue their objective , which is to earn profits and annex sales . This is the case of Ecuador s oil industry wherein the government capriciously employed populist and socialist policies like nationalization , perfect(a) and arbitrary laws in the name of national interest and patriotism to the disadvantage of foreign private companies that invested a huge pith of money and technical know-how...If you want to get a all-embracing essay, order it on our website: OrderEssay.net
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