International Business Management Country Profiling Free Essay Example, 4250 words

The aforementioned secondary sources would eventually provide a superior understanding of the current macro environment prevailing in Brazil supporting Endless Wave to expand its business in this particular region of South America. In relation to the report concerning analyzing the macro environment of Brazil, one of the limitations of this report could be the unavailability of updated information that is acquired from the aforesaid sources based on secondary data. Furthermore, the other limitation of the report could be the unintentional misunderstanding of empirical analysis in terms of determining the socio-economic conditions prevailing in Brazil. This misconduct might become quite problematic in recognizing the key values, traditions and the way of business that is performed in Brazil by a considerable level. Relating to financial factors, the different economic policies of Brazil have been viewed to be enhancing the effectiveness of the financial business markets, raising the standards of infrastructure provisions and mounting the education quality at both secondary along with primary levels. Furthermore, the other imperative policies introduced by Brazilian government are fostering the accretion of human capital and discarding disincentives towards the participation of labor force especially in different social programs (OECD, 2011). We will write a custom essay sample on International Business Management: Country Profiling or any topic specifically for you Only $17.96 $11.86/pageorder now Especially mentioning, lessening distortions particularly in the entire tax system or tax cuts is also regarded as one of the decisive financial policies of the Brazilian government In the year 2012, the Gross Domestic Product (GDP) of Brazil stood at US$ 2,233 trillion supporting the country to become the seventh richest economy throughout the globe. It has been apparently observed that the country remained focused on developing its various important aspects that include transport infrastructures, financial systems and urban along with social advancements among others.