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- Considerations for Doing Tourism Business in Egypt: What are some of the key cultural issues in your target location and what impact will they have on your business? You need to decide what kind of government your country has (the political system)..
Considerations for Doing Tourism Business in Egypt: What are some of the key cultural issues in your target location and what impact will they have on your business? You need to decide what kind of government your country has (the political system)..
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Title: Considerations for Doing Tourism Business in Egypt
Contents
Chapter 1: Introduction and Overview
a. Introduction
b. Overview: Egyptian Tourism Sector
Chapter 2
a. What are some of the key cultural issues in your target location and what impact will they have on your business?
i. Language--spoken, written, silent language
ii. Religion (if there is a business impact)
iii. High or Low Context
iv. Monochromic or Polychromic
v. Business and/or Meeting Practices; Social Practices (if they impact business)
vi. Other demographics – ideas about gender, ideas about age, property levels, education levels, materialism
b. Where do they fall in Gert Hofstede’s cultural dimension: power distance, long term orientation, uncertainty avoidance (future orientation), individualism, masculinity-femininity. Overall, are there any cultural issues/considerations that need to be considered?
Chapter 3
a. You need to decide what kind of government your country has (the political system) and what the impact will be on your business (classify the political risks to your business).
b. You need to decide the same for the legal system. What kind and how will it impact your business?
c. Are there any product safety and liability issues? If so, how will you handle them?
d. Are there any particular local/national laws or regulatory requirements you’ll need to follow? (ex: product of origin)
e. Are there any potential intellectual property issues? If so, how will you address them?
Chapter 4
a. What kind of economy does your country have? How will that impact your business?
b. How would you rate their economic freedom? (include the key categories/components in your analysis – Table 4.1) If low in any areas, how do you plan to address this?
c. How does your country rank– and are these number problematic?
i. GNI Per Capita, adjusted for purchasing power (GNP and GDP are helpful as well)
ii. Other important economic analysis: inflation, unemployment, debt, etc.
iii. What is the poverty level? Will you need to do anything to address this?
iv. Global Competitiveness Index?
Chapter 5
a. Does my country’s government practice a laissez-faire approach to business or does it use trade to advance any social or political agendas? Explain.
b. Does my country have an absolute (natural or acquired) advantage or a comparative advantage? What are they?
c. How can my business capitalize on any advantages?
d. Where is your product in the international product life cycle? How will doing business in this location fit into this cycle?
e. Talk about the factor-mobility theory in relation to your business.
Chapter 6
a. Are there any tariffs or non tariff barriers (direct price or control) that you need to factor into my planning? (what are they and what is the impact?)
Total number of words (without “References”): 7,954 (26 pages)
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