Hi i need to hand in this essay can u help me to rephrase this essay to avoid pl

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Hi i need to hand in this essay can u help me to rephrase this essay to avoid plagiarism

The rationale for international marketing risk

Mr bean going internationally is because a saturated domestic industry leaves few opportunities for companies to snap up clients. This drives them to look abroad for new customers and Markets oversaturated domestic market leaves few opportunities for expansion of local operations. It will also mean stiffer competition among companies, resulting in the war for market share. Singapore (5.6 million people) is considered a small market as compared to the rest of the world. Operating in such a small market will mean that for industries with a lower barrier of entry can result in an oversupply. This phenomenon happens when there is a surplus of supply and not enough demand to support this; as a result, businesses will eventually suffer. It also means that businesses have to grow outwards to find alternative sources of demand. Geographic Advantage can help Mr Bean when expand internationally to develop synergies in resources and strengths that multiplies the value of expansion .Recently Mr Bean is facing a labour law risk Diversification can help Mr bean several way, Operating in multiple countries offers greater insulation from economic downturns in one or two locations. A company doing business in the U.S., Asia and Africa may not suffer as much from a U.S. economic slump if it's offset by better conditions in its other locations. Political risk Inadequate corporate governance, corruption, lack of enforcement of intellectual property rights and immature dispute resolution mechanisms are common challenges in emerging markets Unpredictable regulatory and political environments Regulatory requirements and political influences in emerging markets can be unpredictable and difficult to manoeuvre, as in cases where governments nationalize assets. Fforeign Exchange Risk Trillions of dollars in foreign exchange are traded around the world daily, and the volatility in the variations can impact both utility suppliers as well as its customers. Derivative hedges against fluctuations are a standard part of any foreign business, and these exposures frequently are reported on a real-time basis up to regional if not globa, where the costs of protecting against relative geographic risks can be measured with the same financial stick

Financial Quality of financial information—Local private companies may lack sophisticated financial reporting functions; they also may lack information to manage the business, particularly in owner-managed private companies (e.g., basic key performance indicators may not be consistently or regularly tracked or monitored); and what financial information is available often lacks completeness and reliability.

Chapter 2 Political and legal environment

Hong Kong has a different legal framework from that of Mainland China. It has its own authoritative structure and a legal free of the administration. Hong Kong's legitimate condition gives a solid establishment to its free market, aggressive economy. Hong Kong’s food labelling regulations are developed and administered by the Food and Hygiene Environmental Department’s center for Food Safety. According to the Food and Drugs (Composition and Labelling) Regulations, the following information should be provided on pre-packaged food labels:Name of the food, List of ingredients (including allergens), Indication of "use by" or "best before" date, the labels law must be provided in English, Chinese or both languages. If both languages are used on pre-packaged food, the name of the food, ingredient list, and nutritional information must be provided in both languages. Hong Kong has a very simple system of taxation with low rates making it easy to conduct business. Some indirect taxes such as vehicle registration fees and duties on tobacco and liquor are in place. The government receives revenue from the following sources: salaries tax, tax. Property and duty. Trade regulations, Hong Kong has an open door policy on trade and does not charge tariffs on exporting or importing goods. Import and export licensing is kept to a minimum. Political- The political challenge has demonstrated the weakness of the local Hong Kong government. Already lethargic officials caught between demands from Beijing and the Hong Kong people routinely fail to act. Partly in response, Beijing has increasingly turned to the Central Government Liaison Office, which has gained sway at the expense of the formal Hong Kong government. National security legislation will only add to its clout. Hong Kong is a Special Administrative Region (SAR) of the People's Republic of China. Its status is defined by the basic law (adopted in 1990 by the National People's Assembly of China), which serves as the "constitution" of the Territory, and which confers its scope to the "one country, two systems" principle. The territory is governed by a Chief Executive, elected for five years by a college of 1,200 large voters including parliamentarians, eminent personalities and representatives of the professional sectors. Hong Kong maintains a high degree of autonomy from China but is not independent of Chinese politics. As such, there are no governing political parties. Legislative matters are largely carried out through the business or professional sectors; political parties will often officially register under the auspices of a company or business corporation.

Chapter 3 Economic and financial

Economic

Hong Kong has the freest economy in the world according to the latest Index of Economic Freedom. The economic crisis led to the deterioration of the labor market, particularly the financial services. However, the unemployment rate has decreased since then and remains at a historical low (slightly lower than 3%). Nevertheless, there is a high level of mismatch in the labor market and Hong Kong must also deal with important levels of social inequality. As the tenth largest trading power and the third largest financial center in the world, Hong Kong is often cited as the model of liberal economics. Its economic structure was strongly exposed during the international financial crisis but ultimately resisted well. Growth was noticeably lower in 2016 (1.4%). The country suffered from China's economic slowdown given its strong reliance on the Chinese economy. Growth should be stronger in 2017 (1.9%). The government seeks to stimulate the economy, improve access to housing, and optimize economic potential. Inflation was lower in 2016 (2.4%) than in 2015 (3%) and is expected to remain below 2% throughout 2017 (Government of Hong Kong). Moreover, the Hong Kong Monetary Authority (HKMA) decided to raise the base rate by 25 basis points to 1.50% in June 2017, only a day after following the U.S. Federal Reserve raised short-term interest rates by a quarter point. the unemployment rate has decreased since then and remains at a historical low (slightly lower than 3%). Hong Kong is a highly attractive market for foreign direct investment (FDI). According to the UNCTAD World Investment Report 2017, global FDI inflows to Hong Kong amounted to US$108 billion in 2016, ranked fourth globally, behind only the Chinese mainland (US$134 billion) in Asia. In terms of outflows, Hong Kong ranked third with US$62 billion in Asia, after the Chinese mainland (US$183 billion) and Japan (US$145 billion).

Financial environment

The Hong Kong banking sector remained resilient in 2010, despite heightened concerns about sovereign debt in Europe. The strength of loan growth and improved asset quality reflected the favorable global economic and financial conditions. The capital position of locally incorporated AIs also remained robust Prompted by concerns over European sovereign debt, Hong Kong dollar interbank interest rates spiked briefly in the second quarter before stabilizing at a low level for the remainder of the year, due largely to the accommodative monetary policy adopted by the central bank In major developed countries. The composite interest rate, which reflects the average cost of funds of retail banks, remained low.Interest Rate in Hong Kong is expected to be 1.75 percent by the end of this quarter, according to Trading Economics global macro models and analysts’ expectations. Looking forward, we estimate Interest Rate in Hong Kong to stand at 2.50 in 12 months’ time. In the long-term, the Hong Kong Interest Rate is projected to trend around 3.25 percent in 2020, according to our econometric models.

Explanation / Answer

Mr Bean is confronting a work law hazard Diversification can enable Mr to bean a few route, Operating in different nations offers more noteworthy protection from financial downturns in maybe a couple areas. An organization working together in the U.S., Asia and Africa may not experience the ill effects of a U.S. monetary droop if it's balanced by better conditions in its different areas. Political hazard Inadequate corporate administration, defilement, absence of authorization of licensed innovation rights and juvenile debate determination instruments are regular difficulties in developing markets Unpredictable administrative and political situations Regulatory necessities and political impacts in developing markets can be erratic and hard to move, as in situations where governments nationalize resources.

Hongkong political environment- The localist political test has exhibited the shortcoming of the neighborhood Hong Kong government. Effectively torpid authorities got between requests from Beijing and the Hong Kong individuals routinely neglect to act. Halfway accordingly, Beijing has progressively swung to the Central Government Liaison Office, which has picked up influence to the detriment of the formal Hong Kong government. National security enactment will just add to its clout. The Liaison Office has shapeless established standing. Inquiries drift about whether its choices are available to legal audit. Additionally, its absence of straightforwardness offers open doors for China's state possessed undertakings, specific vested parties, including the Heung Yee Kuk or Rural Affairs Office, to champion their interests in off camera gatherings.

Hongkong legal environment - Hong Kong's lawful condition gives a solid establishment to its free market, aggressive economy.The court framework guarantees the authorization of agreements and viable determination of question. Chapter 11 procedures are managed adequately. There are insignificant lawful methods to enlist an organization or to set up a business.

Administration must know about the lawful framework in the nations tries in which they work; the nature of the legitimate calling, both household and global; and the lawful connections that exist between nations. Lawful frameworks contrast as far as the idea of the framework custom-based law, common law,and religious law-and the level of autonomy of the legal from the political procedure. As noted in the opening case, for instance, there was some worry in 1999 that Hong Kong was moving far from the lawful customs built up by the British toward the impact of Beijing.

Hong kong economic environment- Information about Hong Kong's economic climate and economic outlook is important as it allows a business to plan future strategies or realign current ones.

Statistics such as economic indicators or the government's national accounts all provide information about the health of the economy and provide the basis for good decision making for a business. Hong Kong has the freest economy in the world according to the latest Index of Economic Freedom from the Wall Street Journal & the Heritage Foundation. A booming global economy is translating into sustained growth in exports. Although housing prices continue to hit all-time highs, some warning signs have started to emerge: Chinese developers, which represented around 50% of the total land buyers in 2016, are pulling back from their rapid expansion in the island due to Hong Kong’s longer development cycle and Chinese authorities’ efforts to reduce capital outflows.

Hongkong financial environment- The Hong Kong saving money division stayed versatile in 2010, notwithstanding uplifted worries about sovereign obligation in Europe. The quality in advance development and progressed resource quality mirrored the ideal worldwide monetary and money related conditions. The capital position of privately joined AIs likewise remained robust. The Hong Kong saving money part stayed flexible in 2010, regardless of elevated worries about sovereign obligation in Europe. The quality in credit development and enhanced resource quality mirrored the positive worldwide monetary and money related conditions. The capital position of privately consolidated AIs additionally stayed strong.

Provoked by worries over European sovereign obligation, Hong Kong dollar interbank loan costs spiked quickly in the second quarter before balancing out at a low level for the rest of the year, due generally to the accommodative fiscal approach embraced by national banks in major created nations.

The total pre-charge working benefits of retail banks' Hong Kong workplaces developed by 10.4% of every 2010, while the posttax return overall resources likewise edged up to 1.01% from 0.97% of every 2009 (Chart 6). Development in wage from charges and commissions and lower obligation provisioning levels were the two key drivers for the development, while net intrigue pay dropped marginally, regardless of the quick pace of advance development.

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