Sign Up Now
Get instant access to over 1 million+ study documents
OR
Already registered? click here to login
By creating your account, you agree to our terms of service, privacy policy and student honor code.
It expalins why Botswana is very interested today in development of tourism and especially eco tourism in order to save existing natural features and resources to future generations: "The trade, hotels and restaurants sector has been growing by more than 10% per annum in recent years, showing the huge potential of tourism. Investment by the private sector in the Botswana economy as a whole has increased from P150m to P500m over the past ten years. Tourism investment has increased even faster from P12m to P55m." (From Tourism ripe for investment)
2. Identify any government tax or other financial incentive that may apply to a foreign (Service Sector) firm
Today government of Botswana provides a favorable investment climate for foreign investments that are ready to invest in non-mining sector of economy. Such practices according to the opinion of specialists will allow to create a developed infrastructure, will allow the country to introduce innovative technologies in all spheres of life, will increase skills and qualifications of workers and from the other side will allow to save unique natural resources of the country.
Government pays a special attention to investment in private sector of economy though special economic measures and opportunities such as attractive system of taxation, no exchange controls, etc. No exchange control in Botswana includes free reparation of profits, dividends and capital. Corporate tax for manufacturing companies and accredited financial organizations is only 15%, for other forms of business it's 25%. Government of Botswana also works on its taxation regulations: "From 1999 a new non-negotiable mining tax formula was introduced in order to provide international investors with greater certainty. A variable rate income tax was introduced with parameters set at internationally competitive levels, between a minimum of 25% and a maximum of 55%.." (from (http://www.discover-botswana.com/articles/doingbusiness.php)...
An international organization such as Transparency international mark that corruption level in the country is relatively low and is the lowest in Africa today. Botswana is on the 25th position in the least of the least corrupted nations, which states that investment in this country is not only profitable but also easy to organize.
Ministry of trade of Botswana had created certain requirements for foreign investors who want to invest in country's economy:
Minimum investment for non-citizens is $100,000
Minimum investment for ventures owned in cooperation with Botswana citizens is $75,000
Enterprises, which have more than two shareholders, require additional holders to bring $50,000 per person.
Botswana's government is especially interested in foreign investment, which will bring demand in a more qualified working power and will create training in order to increase qualification and education standards of its population. Due to the particularities of economy and it's orientation, government especially encourages investments in the following industries:
Textiles and garments
The establishment of a modern tannery
Diamond cutting and polishing
Jewellery
Glass manufacturing
Engineering products
Printing and publishing
Plastics
Ceramics
Information technology
Data processing
Tourism
The International Financial Services Centre (IFSC) wants to encourage banking and finance companies, broking and trading, insurance, investment advice, and the flotation of unit trusts, money market funds, equity funds and retirement funds." (from (http://www.discover-botswana.com/articles/doingbusiness.php)
International Marketing Management
Tourism
The International Financial Services Centre (IFSC) wants to encourage banking and finance companies, broking and trading, insurance, investment advice, and the flotation of unit trusts, money market funds, equity funds and retirement funds." (from (http://www.discover-botswana.com/articles/doingbusiness.php)
International Marketing Management
However, the expatriate has the net advantage of significantly superior product knowledge and control, even if the costs of maintaining him are also higher. Foremost, the expatriate must be able to travel from the host country to the home country in order to conduct face-to-face meetings with his superiors and inform them of the progresses made. Traveling however consumes time and energy and the employee could become tired and
International Marketing In many ways, domestic marketing and international marketing are similar. They are based on the same fundamental principles of using price, product, place and promotion to craft appeals to customers that will enhance sales. There are certain facets of international marketing, however, that are slightly different. Marketers need to be aware of what these similarities and differences are. In terms of similarities, the fundamental things that a company must pay
Marketing Management This report will be a thorough analysis of a chosen marketing management problems. In this report, the approach taken will include thorough analysis of a total of five recent studies. The thematic marketing management problem studied here will be the impact that the ethical standards can have on the entire marketing management structure. The studies chosen will be studies from five different perspectives i.e. The background of the studies
Typically, scholars see low context cultures as one in which things are explained in more detail, have less a tradition in history and the past, and are rooted in the present and the future. This is why, for instance, most view the United States as a low context culture in reference to a high context culture like the Native American or Maori (Samovar and Porter, 2004). The challenge in contemporary
The strategy outlines clearly the ethical position of the organization in relation to interactions between consumers and various stakeholders. This is essential in the enhancement of service and products provisions. The organization focuses on the adherence to the law through development and implementation this marketing strategy. This enhances effectiveness and efficiency of the legal interaction between consumers, shareholders, and stakeholders. The organization also pledges to take quality care of
The broader areas of Customer Relationship Management (CRM) serve as the foundation of client relationship management and analysis (Ravanas, 2007). There is the second weakness of also concentrating on the corporate donors as a largely homogeneous group. This can be seen in the approaches defined in the Club's annual report. The tailoring of individualized strategies can maximize the experiences of donors so they have a higher level of ownership in