Executive Summary
In order to successfully introduce a product into a foreign market it is important to know the culture of the country you plan to do business in. In order to introduce mobile handsets into a market like Venezuela, the supplier must be well acclimated with the purchasing habits, tastes, and willingness to purchase the product that is being sold. Understanding these things starts with building a knowledge base about the major aspects of the culture and your target consumer. With this being said I am providing a brief overview of the country of Venezuela.
Venezuela boasts a population of well over 27 million, and represents a large potential market for any firm looking to do business within the country, because it is
…show more content…
This is very intriguing for a society that has a high unemployment rate. Most of Venezuela’s population finds itself educated because public education is provided. Even though education is free, there is an astounding 20 % of the population that has received no formal education at all. This is outrageous because Venezuela has a compulsory educational system, which means that people are required to by law to go to attend school for 9 years. This shows that even though education is provided for free there are still families so poverty stricken that they are not able to send their children to school; because they need to work to provide more support for the families. The children that do go through the public education system can attend Universities which are also free. Although the education in Venezuela is provided for free, this is also a reason why the education system is not the greatest. Providing education from grade school through college stretches educational funds thin, which results in each level of education being under funded. It has already been established that the majority of the people of Venezuela are literate. In this society there are jobs that require the certain skills such as a lawyers, judges, politicians, or businessmen etc; but in the society as a whole basic skills are being seen as all that is required for the average person. As mentioned earlier Venezuela is a society that relies heavily on the production of
However, there are over 25 indigenous languages that all fall under three categories: Cariban, Arawak, or Chibcha. English is the most popular second language, as it is spoken by many professionals in larger cities and children at private schools. In public schools, children are not required to learn English. Children are required to go to school until the age of 15. Secondary school is free but not required. Nevertheless, almost half of all Venezuelan adults have no secondary education and many of them never received any formal schooling (Martz). Since 2003, there have been many efforts to address issues in education such as providing more affordable universities
Education is something that plays a huge role in the world we live in today. If you receive a good education, you can get very far in life. Most people have the dream of one day owning their own business and/or having their dream job, but some people don’t have the luxury of having this path laid out right in front of them. In some of the very poor countries, like Haiti, receiving a quality education is hard. Unlike in the United States, education in Haiti is an honor. Education is not a top priority in Haiti because they have so many economic issues. Most of the population of Haiti never had the chance to attend school, and then out of the ones that did most dropped out and never made it to primary school. The poor families in Haiti need their children to work instead of attending class. This is just the beginning on understanding how the economy in Haiti affects the amount of schooling children receive.
A country known for the Angel Falls (highest waterfall in the world), the exquisite arepas (corn cakes with cheese) and the legendarily Miss Universe titleholders; the Bolivarian Republic of Venezuela is located in northern South America. Regardless from the artistic landscapes, Venezuela is acknowledged for its vital oil reservoirs, its everlasting admiration of Simon Bolivar and its prominent watermark of Chavismo. Moreover, the country’s bureaucratic history has been influenced by Spanish colonialism, authoritarian rule, and the practice of the use caudillos (regional military leaders). Venezuela’s economy has been predisposed by agricultural surpluses of coffee and cocoa despite the fact that the production of oil has determined the country 's GDP (gross domestic product) since the 20th century; slowly turning it into a resource curse nation. Presently, Venezuela has about 30 thousand citizens with an urbanization rate of 89 %, for this reason it is one of the most developed countries in Latin America.
Venezuela, officially known as the Bolivarian Republic of Venezuela, is located on the northeastern coast of South America. It is bordered to the east by Guyana, the south by Brazil, and the west by Colombia. The country stakes claim to roughly three hundred and fifty square mile of highly fertile and biodiverse land. As of 2015 the population of the country is estimated to be 29,275,940 (CIA, 2015). Throughout Venezuelan history many unique sociological revolutions have occurred and to understand the present one must appreciate the past.
The strongest claim the author made was that the economy and education are highly intertwined. It is stated that without a public access to a higher level of education, the income equality will grow larger and our country of democracy and prosperity will be in jeopardy. The
As we see in many schools in the united states, they are divided into honor classes and regular classes, and they do not get the same education because of how smart somebody seems to be in school. Which is extremely unfair for those who want to challenge themselves and not feel less smart than someone else. I think that if this system changes that aspect of school, it would make a big difference on how many people go to college after school and their future income for the better. . I come from Venezuela and everything was a lot more equal and uniform. For example, everyone had to wear a uniform and everyone was demanded to know the same material at the same pace. There were no honors or advanced courses offered. Which I think has a lot to do with the fact that almost everyone that graduates from high school in Venezuela goes to college, and the majority of the population has a higher education, which obviously has a great impact in their future income or
First of all, when referring to education of both countries Venezuela and the United States, the policy of performance among the professors of both countries are unalike. Despite of Venezuela has a great source of Law education subjects; thanks to that, it is ranked 59th place out of 128 counties. However, in public schools some professors eventually are not used to responsively complete their course hours; which cause students to be overdue from their courses. Consequently, this will make the students fail the course. Unlikely, the United States is in place 28th based on test scores in 76 countries. In this country, public schools show high responsibilities
Most people speak spanish as one of their languages. Most people are Roman Catholic but there are some people that are Protestant or other forms of Christianity. Their literacy rate is 96.3% of their whole population. For men it is 96.4% and for women is about 96.2%. Venezuela has a population of 29,275,450 but they are rated number 46 on the population list. There are many brave soldiers everywhere in the world. In Venezuela there is men and women serving their country. 227,210 in males and 273,353 women in the army. Many fit men and women are able to join the army, there ages vary from 16-49 for both
The country of venezuela is hot, humid,and located in nothern south america.The capitol of venezuela is caracus. The name venezuela came from the explorer , alonso de ojedo ,because he admired how much it reminded him of venice. Earleist records of venezuela date back to march 30th 1845 when christopther made his third voyage in search of gold.Settlers would go to venezuela to trade for their resources because venezuela was known as the riches country.Venezuela would trade natural resiurces like : petroleum natural gas,iron ore gold minerals and diamonds.They first gained independence in 1811 on july 5th ; by the help of jose prudencio.
These systemic obstacles that create circumstances that hinder the education attainment of the poor can be changed, their limits lessened, by positive actions to elevate living conditions – given the school system promotes and
Venezuela has roughly 29 million individuals. Venezuela's northern coastline extends around 2,800 kilometers that impart the waters to various islands in the Caribbean ocean, including Los Roques, Venezuela.Venezuela covers roughly 353,841 square miles.The nation of Venezuela comprises of 23 expresses: the Capital Region (Caracas) and Government Conditions that likewise cover Venezuela's islands. Our city has the ideal spot for various sorts of exchanging and developments to come through.
Venezuela is considered a federal republic. It has five different branches of government; the executive, legislative, judiciary, electoral and citizen. Like in the United States, the president of Venezuela is the head of the executive branch. Although both America and Venezuela elect their president by popular vote, there is one big difference. The 22nd Amendment of the American Constitution sets a clear, two-term limit. On the other hand, President Hugo Chavez won a constitutional referendum to eliminate term limits. Due to this change, he was able to remain in power from 1999 to 2013. When former President Hugo Chavez died, Nicolas Maduro took his place as the president.
The people of Venezuela are usually incapacitated if they commit a crime including the most serious crimes because they do not have the death penalty. Venezuelan prisons are considered violent, overcrowded, and corrupt. In the country of Venezuela, there are about 33 to 34 prisons. Initially the prisons were built to hold about 15,000 but now there are about 45,000 inmates in the prisons to date. The numbers of the inmates incarcerated is growing steadily due to the high drug trafficking. Also, every year large numbers of inmates are killed each year. Business Source Complete (2011) analysis discovered the following:
“Education leads to a brighter future.” Quite a clichéd phrase, actually. So popular, that people tend to forget the true significance of it. It is known that Latin America faces numerous problems that makes looking into the future a discouraging view; but we fail to realize the lack of education may be the root of these issues, including violence, unemployment and poverty. Even though education is widely available in Latin America, people are not yet engrained with the idea that education can be a facilitator for a superior life. Economic issues that stem from unemployment and poverty have led to the notion that education is wasted time that could be better spent
The cost of importing is being paid by oil exports that are currently at a price too low to sustain imports. Limited private companies are producing, and prices are increasing due to high levels of inflation. Over the past ten years, Venezuela has reaped the rewards of rising oil prices and sufficient demand from large buyers like the United States, China and India, but due to reduced private companies, falling oil price and decrease global demand this country is unable to provide any value to its economy, pushing themselves to the brink of bankruptcy.