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In order to make an informed determination as to whether a branch of ABC Cosmetics Co. can be established in Spain, this paper examines Spain's geography, demographics, political and social structure, culture, business climate, economics, and potential. Subsequently, the paper provides recommendations in accordance with the findings.
From the Paper:"As for U.S./Spanish relations, both countries are NATO allies as well as developed democracies. Spain has historically been one of the largest export markets for the United States (the U.S. had a $2 billion trade surplus with Spain in 2001), and Spain has been an ally in the war on terrorism since the September 11th attacks. That's the good news. The bad news is, U.S. firms pay higher duties than its European and Japanese counterparts, giving the U.S. exporter a competitive disadvantage. However, this can be augmented with lower production costs if economies of scale can be achieved."
Cite this Business Plan:
ABC Cosmetics Company (2004, April 13) Retrieved May 07, 2021, from https://www.academon.com/business-plan/abc-cosmetics-company-50429/
"ABC Cosmetics Company" 13 April 2004. Web. 07 May. 2021. <https://www.academon.com/business-plan/abc-cosmetics-company-50429/>