globalEDGE Blog - Page 272

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Are you interested in learning about the growing areas of patient healthcare and water and waste management and how to take advantage as an exporter? Rapidly-growing economies, strong ties with the United States, and major public health needs put the Gulf Region among the world's most promising markets for U.S. suppliers. To help U.S. firms leverage opportunities in these markets, a senior-level Department of Commerce official will lead a trade mission to Riyadh and Jeddah, Saudi Arabia and Doha, Qatar, June 5-10, 2010.

With a strong growing demand for healthcare and water and waste management this mission will be important for any exporter looking to expand into the Gulf Region. Don't miss out on this great opportunity! Apply by March 31st, 2010!

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You finally landed a job in these tough economic times and now you are learning your new role, meeting new people, getting used to environment and trying not to get lost on your way to the copy room. The last thing on your mind is the fact that in today's world anyone can be held accountable if there is a corporate scandal. Therefore, it is crucial that you familiarize yourself with your company's expectations, policies, and regulations. Whether working at your home country or in a foreign place, knowing the particular ethics code of the company can save your job.

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Lately, Qatar has been working hard to become a distinct country with a refreshed vision. As a matter of fact, its leadership has begun implementing a plan which will help the country arrive at significant goals and transform by the year 2030. In a conversation between Doug Barry, a U.S.-based International Trade Specialist at the Commercial Service and Dao Le, a Qatar-based U.S. diplomat, some of the opportunities for United States Businesses were outlined.

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Vancouver, Canada; London, United Kingdom; Sochi, Russia… but who’s next? It is no doubt that the International Olympic Committee faces peer pressure when deciding upon the city that will host future Olympics, but why so much competition between nations?

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In recent news, the world’s second largest retailer, Carrefour, has elected to invest further in its international investment.  Known for stringent regulations in the retail industry, India has traditionally protected the smaller, independent markets and local communities that run them. Carrefour’s entrance provides a great case study of the importance of understanding the international market where a firm expands. Lets take a brief look at the conditions in India that Carrefour became familiar with before “cracking the code."

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There are a few key observations that many have noticed about consumers in this new economy:

  • Shoppers are less impulsive, more needs-based

Some say the recession made a correction in consumer behavior especially in the U.S. The means simply aren’t there for as much shopping on impulse. Those adjusting to changing consumer behavior are advised to in turn adjust their merchandise mix and price points accordingly.