MGT 321 Saudi Electronic Withdrawing of Foreign Companies from Venezuela Questions

Question Description

Part 1: Critical Thinking

Please read Case 2: Venezuela under Hugo Chávez and Beyond attached, and answer the questions:

1.Under Chávezs leadership, what kind of economic system was put in place in Venezuela? How would you characterize the political system?

2.During the Chávez years, many foreign multinationals exited Venezuela or reduced their exposure there. What do you think the impact of this has been on Venezuela? What needs to be done to reverse the trend?

By 2016, Venezuelas economy appeared to be on the brink of total collapse. What do you think needs to be done to reverse this?

Part 2: Report Writing

Select a Saudi company that operates in Europe and/or Africa, and write (a minimum of 500 word) report covering the following points:

1.Present the study report with clear Introduction and Conclusion including your own views.

2.Conduct a SWOT analysis for your chosen company based on your research

3. Analyze the political, economic, cultural and legal challenges the company currently faces in any of the country it operates (select one country in which the company operates for this analysis).

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