Friday, April 26, 2019
International business article Assignment Example | Topics and Well Written Essays - 1000 words
International note word - Assignment ExampleLast June Bharti Aitel, Indias largest mobile provider, paid $9 billion to acquire the cellular operations of Kuwait Zain. One of the reasons for the acquisitions of Afri foundation companies is that compared to India the valuation of these companies are much more attractive. The Indians view Africa as a place they can where they can replicate the low-cost, high efficiency business model they have honed at home (Srivastava & Subramaniam). Africa has a trade of people that are eager to buy consumer goods. Consumer spending in Africa will double in the bordering decade to reach $1.8 trillion by the year 2020. The African people have been deprived of basal consumer goods for a long time and they are eager to increase participation in the consumer markets. Indian companies project Africa as a place they can continue to achieve growth due to the fact that business activity is slowing down at home. Indian companies also want to take advanta ge of the bring down regulatory requirement available for investors in Africa.The denomination mentions a lot of the advantages that the African continent represents for India businesses. It seems as if the Indian business people want to exploit the African market in order to alter their sales numbers and profitability. Africa is one of the sillyest regions in the entire world particularly the Sub-Saharan African region. The article was a bit one side as far as illustrating the advantages that Africa offered to India and not letting the proofreader know how Africa is going to benefit from the Indian involvement in Africa. Some of the large acquisitions mentioned in the article made a lot of sense from a business standpoint. Due to the fact that Africa has very poor infrastructure landlines are barely available. Most Africans that desire to communicate with each other must expend mobile technology. It would be smart the African mobile company to offer prepaid mobile run since they are cheaper to acquire which increases the amount
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