Global Business Research Paper - 550 Words

Global Business Research Paper (Research Paper Sample) Content: Global businessName:Instructor:Course:Date:Global businessThe Human Development Index (HDI) measures the level of development related to the citizens of a particular country undp.org. (2015). In this view, the mean achievements of a country become measured along three dimensions including: life expectancy or health; literacy rate; and living standards. For the Republic of Armorika, a HDI of 0.8 illustrates an above-average level of human development in the country. Firms willing to establish in this country stand at a better opportunity of realizing considerable market for related products and services. When the standards of living in a country are high, it means that business operations are enhanced as the available workforce is in a position of providing the required performance (undp.org., 2015). Additionally, the level of education points to availability of skilled labor, translating to high potential of industrialization and economic growth. In terms of health, t he majority of citizens stand at a position of offering the necessary skills in business due to substantial levels of task performance capabilities.The Gini Index measures the degree of income distribution among individuals or households of a given economy (Bourne, 2010). With a Gini index of 0.5, the Republic of Armorika displays a situation where there exist a moderate gap between the poor and rich. It represents an optimum level where some households acquire more income than others. For interested firms, this means that the market potential is high in the urban areas where the population is high, as opposed to the rural areas, where income distribution is assumed to be lower. Further, such firms ought to engage in the production and/ or sale of those products that are not readily available in the area (Bourne, 2010). For instance, computer accessories and equipment, as well as aircraft become potential products.A unicameral form of government entails a situation where there is on ly one chamber in the legislature. In this view, the operation of businesses would require few procedures and guidelines in order to conduct activities along legal frameworks. Additionally, such legislature points to less complex policy frameworks as relates to setting up businesses in the country. The national legislature supports the establishment of business as such form of government usually occur for small countries whose regulatory control structures become easily enhanced (worldbank.org, 2015). Thus, the market potential for interested firms is high since the business environment stands appropriate for conduction of activities. Such firms stand at a position of obtaining lower costs in terms of legal expenditures, as well as receiving incentives from the government as a means of encouraging production and distribution of services not currently available (undp.org., 2015).At a GDP of $300 billion, the Republic of Armorika shows great potential in growth. Comparably, the countr y stands close to small emerging economies such as those of South Africa and Denmark (oecd.org., 2015). The measure of GDP shows the values of production of goods and s...