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Recommendation to Qatari Company - Essay Example

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The paper "Recommendation to Qatari Company " highlights that as far as the quality and useful life of OHPs are concerned, it is worthwhile to mention that various local and international brands of OHPs are available in the Mexican market having a useful life of 2000 – 15,000 hours…
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Recommendation to Qatari Company
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Mexico is one of the developed nations having a population of nearly 110 million and a Gross Domestic Product of over $1.5 trillion in 2009 – 2010. The per capita income in Mexico is estimated to be over $13,000 per annum. No doubt, the country observed negative economic growth due to the worst economic recession during 2008 – 2009, which reduced its per capita income from $14,500 to$13,500. The total labor force of this nation is estimated to be 47 million out of which nearly 5% is unemployed. The share of two major industrial and services sectors in GDP is nearly 33% and 63% respectively. In addition, there is special attention overuse of modern technology and the latest equipment at private and public offices, educational institutions, hospitals, households etc., which is why the manufacturing and imports of durable consumer products and electronics are ranked number 2 across Mexico. In the light of the above statistics, it is justified to argue that Overhead Projectors (OHP) are although locally manufactured (to some extent) by domestic industry, yet are heavily imported from China, Canada, India Japan, USA etc. (CIA World Fact Book, 2010).  

Unfortunately, the researcher has failed to garner statistics regarding total demand for office equipment or OHPs as well as on import volume of the chosen product. Indeed, it should be highlighted that there is no data available on the internet that could provide a near-to-accurate idea of the demand of OHPs in quantitative terms. However, some of the major suppliers of Overhead Projectors include 3M Mexico, Hotline CPT Ltd, Cartridge Plus Inc., Vcom International Multimedia Corporation etc. are some of the international companies that have been supplying computer accessories and overhead projectors across the lucrative Mexican market.

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International Business Essay Example | Topics and Well Written Essays - 500 words - 16. Retrieved from https://studentshare.org/miscellaneous/1571905-international-business
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