UltraFinchMaster576
I have completerted the #1 and #2 of the project I need help with…
I have completerted the #1 and #2 of the project I need help with section#3 legal and regulatory profile compare in words below. my chosen country is Brazil. I will attach the template as well below. thank you.
In this milestone, you will continue to use the Business Brief Template (located in the Guidelines for Submission section of this document) to complete Section Two. Use course resources as well as the INT 220 Library Guide to support your responses.
Specifically, you must address the following rubric criteria:
Market Profile: Explore and explain the cultural, political, and economic environment of your selected market to help inform future business decisions regarding expansion from the domestic market.
Cultural Profile: Compare and contrast important cultural elements of your selected market against those in the domestic market, including communication, dimensions of culture, attitudes, common business etiquette and practices, and at least five other important aspects of culture.
Political and Economic Profile: Compare and contrast important political and economic factors for your selected market against those in the domestic market, including political systems and ideologies, current leaders, economic measures or characteristics used in classification, and government intervention on trade.
Legal and Regulatory Profile: Compare and contrast important legal and regulatory requirements of your selected market against those in the domestic market, including trade restrictions, regulations of products or services, legal processes for business transactions, and import restrictions or documentation.
Guidelines for Submission
Template: Business Brief
Submit the template as a 500- to 650-word Microsoft Word document. Based on your milestones, you should have Sections One and Two completed. Sources should be cited according to APA style.
Section Two: Market Profile
Cultural Profile
[Compare and contrast important cultural elements of your selected market against those in the domestic market, including communication, values and attitudes, cultural dimensions, and so on. You may fill in the chart below in order to use data and statistics to support your comparisons. Note that tables require only words, phrases, and/or numbers, not complete sentences.]
Category
United States
Brazil
Commonly Spoken Languages
English is commonly spoken
Portuguese is commonly spoken
Commonly Practiced Religions
Diverse religion including Christianity, Judaism, Islam, Buddhism, and Hinduism
Roman catholics
Power Distance Index (PDI)
40
69
Individualism Versus Collectivism (IDV)
91
38
Masculinity Versus Femininity (MAS)
62
49
Uncertainty Avoidance Index (UAI)
46
76
Long-Term Orientation Versus Short-Term Normative Orientation (LTO)
26
44
Indulgence Versus Restraint (IVR)
68
59
Political and Economic Profile
[Compare and contrast important political and economic factors for your selected market against those in the domestic market. Factors should include political systems and ideologies, current leaders, economic measures or characteristics used in classification, and government intervention on trade.]
Category
United States
Brazil
Political System
Democratic and republican
Federal presidential constitutional republic
Current Leaders
President Joe Biden
President Luiz Inacio Lula da Silva
Economic Classification
Mixed economy
upper middle-income economy
Economic Blocs Impacting Trade
NAFTA
Participant in the Mercosur Trade Group
Gross Domestic Product
25.46 trillion (2022)
1.894 trillion dollars as of 2023
Purchasing Power Parity
1.0
2.530
Gross Domestic Product Per Capita
69,185
$8,857
Legal and Regulatory Profile
[Compare and contrast important legal and regulatory requirements of your selected market against those in the domestic market, including trade restrictions, regulations of products or services, legal processes for business transactions, and important restrictions or documentation.]
