Got a tricky question? Receive an answer from students like you! Try us!

International Business of Botswana Country - Essay Example

Only on StudentShare
Masters
Author : macie06
Essay
Miscellaneous
Pages 8 (2008 words)

Summary

After its independence in 1966 Botswana, in a few decades, has moved to a developing nation from a poor and underdeveloped economy. Its major export of diamonds is the basis of economic growth of the country. Moreover, the place is also an important source of income through tourism and foreign investment…

Extract of sample
International Business of Botswana Country


When Botswana appeared on the face of the map, there was no army for the defence and protection of the country. In 1977 Botswana Defence Force was formed and today almost 12000 armed men are an integral part of the system (Botswana, 2007).
The government of Botswana has perfectly maintain the outflow of diamonds for the economic well being of the country and from last three decades Botswana is a leader in the production of quality diamonds. Thus, the revenue generated from diamond mining is very rightly used to carry out the essential expenditures of the country (Background Note: Botswana, 2007).
The other chief sources of income in Botswana include tourism and cattle industry. Before 1971 the market was based on agriculture and farming, but then diamond mining started that heightened the economic growth and also increased the per capita income of the country as compared to many other African countries (The World Fact Book, 2007).
Whenever we consider the economic structure of a place, we cannot deny the fact that there are some threatening issues related to that area which have an immense effect on the expansion and progression of the nation. ...
Download paper

Related Essays

Country Cultural Briefing for Business Associates
There have been many sites that have been excavated the reversal the history of the country as a home of Australopithecus. The country was inhabited by Bantu speaking people who were originally iron smelters, agriculturalist and herdsmen.…
7 pages (1757 words)
International Country Based Business Opportunity Project OUTLINE Only Part 1
Sunil Mittal, the chairman and CEO of Bharti Telecom, The chairman mentioned the diversification plans of Bharti Telecom. In times like these, when the academia and the industry experts are saying that stabilization is a better option than expanding now, Mittal's choice of the industry he has chosen is huge surprise pack. However, after a deep insight, I was able to understand that the choice is probably has its own strengths.…
2 pages (502 words)
Cultural Tourism: A Strategic Focus
In the study of tourism, the conception of authenticity has undergone three shifts for the past 40 years, with objectivist framings giving a way to a social construction perspective and later, existentialist conception (Cohen, 1972). The author chose Botswana in his report because the country's tourism is very progressive because of a lot of interesting places such as its flora and fauna.…
10 pages (2510 words)
International Business
While doing so they have to be sensitive to economic, social political and legal factors with a country. To be effective, they need to tap all available sources of supply, both internal and external. Internal promotions and transfer boost the morale of people who have served the firm loyally for a number of years. External sources, too, need to be explored regularly to bring qualified people with lots of ideas into a firm. Induction is a procedure which a superior teaches knowledge and skills to subordinate. Manager briefs the trainee about what is expected of the latter and suggest how it may…
18 pages (4518 words)
International Business Country Analysis - South Korea
After the Korean War (1950-1953), South Korea rose from devastation to become one of the world’s largest economies in the 1990s.…
10 pages (2510 words)
international business-Business Environment Country Analysis Project
Healthcare industry supported by advanced technologies in medical equipment like the ultrasonic devices, x-ray equipment and MRI scanners can be the right platform for business development in fast growing Indian market. This paper analyzes the socio-economic conditions and the policy frame work in India to assess the market conditions and to decide on the best approach to tap this market.…
3 pages (753 words)