Global Engneering

Running Head : Global EngineeringCase Study : Investing in upstreamOil Business in EcuadorNameSubjectProfessorDateCase Study : Investing in Upstream Oil Business in EcuadorIntroductionIn this age of globalization , companies recruit foreign markets to sum up their sales and dough and to protect their markets , profits and sales against competitors . Given these absolute business objectives it is also of import to determine the different forces in a foreign surroundings that could affect the viability and competitiveness of any company . These forces can be internal - those which can be controlled - or external - those which cannot be controlled . Between the two , it is more crucial to look at the uncontrollable forces , such as competition distribution , stinting , socio-economic , financial , legal , etc . because they are beyond the control or management of the company .

When it comes to this aspect , the Ecuadorian anoint manufacturing is worthy for a case study given the emcee government s socialist tendencies and conflicts with a number of foreign oil companiesIn a country where a populist government is dictating the rules of the venture , private companies have no means to protect their interests , thereof losing their capacity to pursue their objective , which is to earn profits and increase sales . This is the case of Ecuador s oil industry wherein the government freakishly employed populist and socialist policies like nationalization , gross and arbitrary laws in the name of national interest and patriotism to the disadvantage of foreign private companies that invested a huge gist of money and technical know-how...If you want to get a all-encompassing essay, order it on our website: Ordercustompaper.com

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