International Management Consultant, You Are Required To Study A Country [IRELAND] And Submit A Report
Requirement
As an international management consultant, you are required to study a country [IRELAND] and submit a report, addressing the following issues:-
- Identify TWO industries (Food & Information Technology Industry) in the selected country which you believe will grow strongly between now and 2025, providing strong justification for your choices. [65 marks]
- Analyse potential entry modes for foreign multinationals for the selected industries into the country, justifying your choices. [35 marks]
Total 100 marks
The telecommunications industry is one of the best performing industries in the world. (Chartered Technofunctional Institute, 2012). This industry plays role not only in economics activates but also has considerable impact and influence on social stability, and national security. (Lin C. H, 2008) This dynamic telecom industry has offered a lot of growth opportunities. It has been observed that previously booming telecom markets in Europe and North America are on the way to saturation. As a result, western telecom companies have been looking for new markets in Asia, Africa and South America. (Levi, 2006) Like other developing countries, the telecom sector’s growth in Bangladesh has exceeded all expectations and has made a transformative impact on the economy in terms of aggregate investment, FDI and productivity levels. (Islam, I 2010). Bangladesh is one of the densely populated countries in the world. More than 113.784 million people of the total population of 163.60 million have mobile phone subscription. (BTRC, 2014 & CIA, 2013). In spite of the fact that it is a low-income country, the mobile telecom sector is considered as the fastest growing sector of the country and there are yet a large number of potential customers. This indicates that new entrant has the opportunity to do profitable business. Due to the attractiveness of the telecom market, many foreign companies are now interested to invest in Bangladesh. This suitability of the market makes the country a significant hub for telecom business. The infrastructure (expand value added services, mobile tower sharing agreement among mobile phone operators, public private partnerships opportunities etc.) and low level of telephone density (the number of telephone connections for every hundred individuals living within an area) makes the market a perfect country for telecom business
