South-East Asia

Question: Describe about the South-East Asia? Answer: Rising location: In the region of South East Asia, the rising countries for appropriate business locations are China, Dubai, India, Bangladesh and some part of Afghanistan. These countries are well developed and still developing in the business field, especially the countries like India and China, where the population is very high, in these two countries consumers are very good in numbers. New industries and Technologies: In this region small and medium business achieved huge success. As far as large business are concern, in Dubai and Afghanistan petroleum related business is well affirmed due to availability of raw materials and other resources. Though countries like India and China are considered as developing countries but in recent past they proved their improvement in the world business as to the technological aspects. Human Resources: In South East Asia, human resources are very much available, worlds two largest populated countries, China and India is located in this region, for that purpose in any business human resources are not a problem here. Now these countries are quite developed in skill developing sectors as well, so qualified employees will be available in this part of the Asia (Askegren, 2005). Political environment and risks: In all the countries located in this part of Asia, political environment is quite helpful, as these countries are looking for employment for their youths and development in the field of world trade, for that purpose they welcomes entrepreneurs to their countries. As far as political conditions are concern, risk factors are there but they can be eliminated (Bensahel and Byman, 2004). Markets: In this part of Asia, worlds two largest populated countries are situated. Generally small and medium price goods are more effective in the market of these countries, as there is huge population but these countries are still developing, so big pricing goods are less acceptable for the citizens of these countries (Cheung, Vikas and Ma, 2011) . Company strategies: The company should target the middle and lower middle class customers as they are the largest in numbers. Level of distribution must be very good as these are very big in territorial aspect. In certain level depending upon the type of the business joint ventures with the concern government can also be established (Chau, 2008). Macroeconomic environment: Economic equilibrium in these countries may be a problem as these are developing country and they are settling down their economic system. So it may be quite rigid in nature which may not be suitable for business economy (Hubbard, 2009). Energy and resources: Resources and energy level differs from one country to another but in general to the subcontinent region China, Dubai and India is quite developed in business sectors, here energy sources and other resources are not a big issue subject to some exceptions. Customer behavior: Here middle and lower middle class persons are the main consumers. Low price goods are sold in a rapid speed as the consumers are still surrounded by their basic needs and amenities. Fluvial, shipping, road transportation: In recent time subcontinent countries has developed their skills in transportation sector in noticeable mark. Shipping, flying and road transport are very developed now and suitable for business purpose too. FDI: By Foreign Direct Investment the entrepreneurs can earn a good profit by conducting their business in these countries and it will also help to enhance the economic aspect of the concern country (Blaine, 2008). References Askegren, P. (2005).Human resource. New York: Ace Books. Bensahel, N. and Byman, D. (2004).The future security environment in the Middle East. Santa Monica, CA: RAND/Project Air Force. Blaine, H. (2008).Foreign direct investment. New York: Nova Science Publishers. Chau, V. (2008).Relationship of strategic performance management to team strategy, company performance and organizational effectiveness. Bradford: Emerald. Cheung, Y., Vikas, K. and Ma, G. (2011).The evolving role of Asia in global finance. Bingley, U.K.: Emerald. Hubbard, R. (2009).Macro economics. Frenchs Forest, N.S.W.: Pearson Prentice Hall.