Wednesday, January 30, 2019
B2B and International Exercise
In the conduct of this study, the question that must of all time be put in our mind is if thither is a opening move for the city of Scottsdale and Marrakesh to scram a c ar transaction to improve their frugality as a whole. subsequently reading all the necessary materials regarding the economical condition of the two cities, I have learned that Marrakesh has a 55. 5 % come out of share of dish ups in the totality of the citys GDP. Moreover, Morocco is also know for its industry in mining, food processing, leather goods, textiles and tourism. In terms of their educational attainment level, only 52% of the total universe is literate.Its export commodities are mostly clothing, fish, crude minerals, fertilizer, transistors and inorganic chemicals. On the separate hand, one of the din industries in Scottsdale is the business and professional industry that enables them to have an impressive economic growth for the past years. They are also known for their best resorts destination s and high technologies and bio-technology. Feasibility Study Based from the above facts that I gathered, I could say that there is a great possibility of having business with Marrakesh.In the industry of tourism, since Marrakesh is known for their tourism, Scottsdale could develop resorts in Marrakesh. The high rate of tourists that goes to Marrakesh would inspection and repair as an opportunity for the Scottsdale to put up resorts. If this would go to happen, tourists in Marrakesh give continue to increase. At the same time, while benefiting the Scottsdale, the resort that will be established would surely cut the unemployment rate of Marrakesh since jobs will be provided to their citizens and, in the later years, could uplift the poverty rate of Marrakesh (Shagazatova).On the other hand, since there is a high illiteracy rate in Marrakesh, and there are a lot of professionals in Scottsdale like teachers, Scottsdale could invest in establishing schools in the Marrakesh in modulat e to uplift their rate of literacy. The schools that I am referring here are only vocational schools, will also provide basic familiarity regarding literacy, that might be a good help in the booming industry of Marrakesh (Ranis). With this, Scottsdale could also get workers from the schools that they had established. With the median age of 24 years, there would be no doubt that Marrakesh industry is concentrated on the service sector.Most of the companies here must be labor intensive in order to wad advantage of the large pool of laborers in the market. Wage rate is expected to be low compared to other countries (Phelps). This is also one of the reasons why it is advantageous to put up a business in Marrakesh by from its economic opportunities in the current days. Since Scottsdale is well known for its business services, it would be a good decision to establish a service orient company in Marrakesh. It could be in line with the transistors industry or textile industry that can b e provided by Scottsdale to the workers of Marrakesh.Data Gathering and Recommendations Through the suggested strategies above would definitely benefit both of the cities. Marrakesh could pee-pee advantage of the job opportunity that Scottsdales investors bring with them and the latter could take advantage of the tremendous amount of laborers in Marrakesh as well as the low operational costs in terms of the wage rate. After presenting this paper to the Scottsdales officials, data gathering in Marrakesh economic rest should be implemented right away in order to pass the theories that we have cited in this paper.The datas were then studied by the economic analysts of Scottsdale in order to have an in depth mind of the current status of Marrakesh and in order for us to be manoeuver in the actions that we are going to undertake. REFERENCES Phelps, Edmund S. Low-Wage Employment Subsidies Versus the Welfare State. 2007. Ranis, Gustav. Human training and Economic Growth. 2004. Shag azatova, Batir Mirbabayev and Malika. The Economic and Social Impact of Tourism. 2005.
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