Business Opportunity for an American product (Clothing & Apparel) in Morocco Table of Contents 1 Table of Contents 2 Introduction 3 Analysis of Moroccan Business Environment 4 Economic System 4 Political and Legal Systems 6 Cultural Norms and Values 6 Trade Policies 7 The Foreign Direct Investment (FDI) policy 8 Participation in Regional Economic Integration 8 Exchange Rates and Regulations 9 Recommendations Regarding Entry Strategies 10 Conclusion 14 References 15 Introduction In this fiercely competitive world, business organizations need to continuously expand in terms of its business structure, customer base, and market share as well…
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In this analysis the Moroccan trade policies in terms of Foreign Direct Investment (FDI) along with the integration of participation in regional economic structures. Notably, Moroccan market witnessed a new phase of its foreign trade relationship when the economic policies were reassessed and FDI flow was liberalized in the year 2005, rendering opportunities for a new business entering in the markets of Morocco from a foreign state. The economy also intended to execute certain programs which would facilitate the growth of industrial sector and thus benefited the new entrants to the economy (United States Agency for International Development, “Morocco New Business Opportunities Program”). ...
For instance Morocco is known to be an Islamic nation. Similar to other majority of Islamic nations, the business environment of Morocco is highly influenced by the religious beliefs of the nation which might create certain challenges for the American Clothing & Apparel Company. Notably, King Mohammed VI, the pre-eminent authority of the political systems of Morocco, declared to build a democracy and granted limited executive power to the Prime Minister of the country in the year 2011. This facilitates a significant change in the economic structure of the nation developing it as a ‘Unitary parliamentary democracy and Constitutional Monarchy’ (Arieff, “Morocco: Current Issues”). Economic System According to the World Bank, the economic status of Morocco is often regarded as a Lower-Middle-Income (LMI) country. The Free Trade Agreement (FTA) with the United States was conducted by the government of Morocco in the year 2006 indicating the objective of the economy to enhance the trade relationship between the two nations, i.e. Morocco and US (United States Agency for International Development, “Morocco New Business Opportunities Program”). It is worth mentioning that in the current economic regimes of Morocco, Foreign Direct Investment (FDI) is considered as an important tool for its overall development. It is also regarded as a major indicator of the efficiency of those policies and incentives implemented toward investment activities undertaken by Morocco. Based on this notion, the economic trade policies within Morocco have been developed to facilitate the trade relationships on the international ground enhancing the business opportunities within the nation (PKF, “Doing business in Morocco”). It is in this context that the continuous
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While women were restricted from divorcing their husbands, men were allowed to break up with their wives without their consent. Women could not marry without the approval of their guardians, and when married, they were to obey their husbands.
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nd his counterparts had committed civil wrong while working as managers in their corporations to cause harm to various individuals who were being used as slaves. In addition, they also used their authority to deport civilians from their territories for their commercial and
American Apparel is widely recognized for its solid-color and basic knitwear, including underwear and T-shirts, although it has undergone expansion in the recent past to also include other clothing items like beddings, nail polish, denims, pants, dresses, vintage wear, tank tops, leotards, and leggings.
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