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A Kuwaiti Investor's Market Analysis of New York - Assignment Example

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Student Professor Module Date A Kuwaiti Investor’s Market Analysis of New York The very first step for a new entrant into any industry especially for international investors is an intensive and extensive analysis of the potential market in terms of location, map, geography, population, culture, economy, politics, legal landscape and technological environment of the target country…
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A Kuwaiti Investors Market Analysis of New York
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Download file to see previous pages Cultural analysis of the State of New York: New York is arguably one of the most important and famous cities in the world and has been an important center of trade for numerous years. Geographically, it lies in the north eastern region of the USA, bordered nationally by the states of New Jersey, Pennsylvania, Connecticut, Massachusetts, Vermont, Long Island and Rhode Island. It also shares an international border with Canada in the north (Sutcliffe 67). New York’s climate is described as humid continental with diverse weather patterns across the state and at different times of the year. It has humid summers and long cold winters. Two aspects describe the topography of New York; Appalachian highlands and low lying areas where the most important cities are. New York City is situated on the coastal lowland (Silverman et al. 2). The social description of New York can begin with the family setting where it is observed that nuclear families abound in the urban and suburban areas while extended families reside in the rural areas. A single description for the dynamics of the family in New York is impossible given the diversity present though generally parents share the responsibility of raising children and ensuring the wellbeing of the family. In most cases especially in the cities, both parents are employed or seek jobs to take care of their family. In terms of education, New York has one of the lowest teacher-student ratios in the USA besides also being the biggest spender per student at the elementary and secondary levels (Scott, 2010). New York bears the largest public university system in the USA in State University of New York (SUNY), a series of top ranked universities covering 64 campuses, over a million students and annual enrolments of half a million students. The education system is thus well established. The political system of New York integrates into part of the federal US government and a state government (Ward 2). The state government has an executive, a bicameral legislature and a judiciary (95). The urban areas are major Democrat strongholds while the non-urban areas are more inclined to Republican politics (Schneier, Murtaugh and Pole 60). The state government deals with internal affairs including state laws and bylaws, regulation of trade and law enforcement among other issues. The legal system of the state is based upon common English law (Ward 161; Manz, Gibson and Spencer 7). The Federal Trade Commission handles most patenting and marketing issues. The diet and nutrition of New Yorkers also varies according to whether one is in the urban or farmland regions. The trends in the city revolve around eating out and fast food chains are quite popular. The typical meals in this state are mainly fast foods; pizzas, French fries and burgers among similar foods. There however are other foods available from the farmlands including vegetables such as lettuce and whole meals but all constraints in the supply chain mean that most urban New Yorkers can only access fast foods easily. Economic Analysis: According to the 2010 census figures, New York has a population of 19.3 million and is ranked the third most populous state in the USA. Distribution of ...Download file to see next pagesRead More
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