PROJECT

Project   Business  Opportunities  between  Colombia  and  Europe  

Type  of  research    Formative  research  

Academic  level   Professional  

To  identify  business  opportunities  between  Colombia  and  Europe,  the  

  most  important  companies  and  implicit  positions  in  the  process.  
Competence  to  develop   Boost  the  importance  of  knowledge  and  respect  for  the  diverse  cultures  
of  the  world  when  doing  international  business.  

To  evaluate  concepts  about  the  culture  and  economy  of  the  region.  
Evaluation  criteria   Evaluate  business  opportunities  with  the  region  of  Colombia,  the  most  
important  companies  and  implicit  positions  in  the  process.  

This  project  has  a  strong  research  prior  part;  for  it,  the  student  must  
investigate  three  countries  of  the  European  Union  with  the  aim  of  
generate  the  best  characterization.  Then,  the  student  should  deepen  in  
the  economic,  cultural  and  commercial  aspects  of  each  one.  
General  project  
The  student  also  must  answer  to  these  questions:  
information  
-­‐ What  business  opportunities  exist  with  the  signing  of  the  Free  
Trade  Agreement  between  Colombia  and  the  European  Union?  
-­‐ What  are  the  most  important  companies  and  implicit  positions  
in  the  process?  

1.   Characterization   of   three   countries   of   the   European   Union   in  

economic,  cultural  and  commercial  aspects.  
2.  Analysis  of  economic  indicators,  description  of  business  culture  and  
Performance  Results   trade  balance.  
3.   Proposed   five   business   opportunities   between   Colombia   and   the  
countries  of  the  European  Union.  
4.  Construction  of  a  document  with  APA  style.  

1 POLITÉCNICO GRANCOLOMBIANO
Recommendations  for   To  consult  official  information  sources  such  as  the  OECD,  the  Ministry  
management  of    the   of  Commerce,  Proexport,  Doing  Business,  and  the  Web  site  of  the  
wiki   European  Union  among  others.  

INSTRUCTIONS  TO  DEVELOP  THE  PROJECT  

This  project  should  be  done  in  groups  of  three  or  four  students.  For  each  of  the  deliveries  must  be  
submitted  a  report  specifying:  research  sources,  and  the  results  of  the  investigation  based  on  the  
information  given.  
 
Start  by  choosing  three  countries  outside  the  European  Union.  Ensure  that  countries  have  different  
economic  and  development  levels.  
Throughout  the  project  these  questions  should  be  answered:  
-­‐ What  business  opportunities  exist  with  the  signing  of  the  Free  Trade  Agreement  between  
Colombia  and  the  European  Union?  
-­‐ What  are  the  most  important  companies  and  implicit  positions  in  the  process?  
 
See   official   information   sources   such   as   the   OECD,   the   Ministry   of   Commerce,   Proexport,   Doing  
Business,  and  the  Web  site  of  the  European  Union  among  others.  
 

DELIVERY  INSTRUCTIONS  1  -­‐  Week  3  

 
Characterization  of  the  countries  from:  
-­‐  General  Information:  population,  language,  religion,  etc.  
-­‐   Economy:   a)   evolution   in   the   last   10   years;   b)   analysis   of   the   main   economic   indicators   (GDP,  
inflation,  unemployment,  etc.).  
-­‐  Culture:  a)  general  aspects  of  culture;  b)  culture  of  doing  business.  
-­‐  Trade:  a)  EU  trade  balance  with  the  world;  b)  main  import  and  export  products;  c)  analysis  of  the  
ease  of  doing  business  (Doing  Business).  
 
 
 
 

CULTURAL AND REGIONAL ECONOMY OF EUROPE 2

 DELIVERY  INSTRUCTIONS  2-­‐  Week  5  

To  check  the  history  of  economic  integration  between  Colombia  and  the  European  Union.  
To  check  the  final  document  of  the  EU-­‐Colombia  Trade  Agreement.  
To   evaluate   business   opportunities   with   the   region   of   Colombia,   the   most   important   companies  
and  implicit  positions  in  the  process.  
 

DELIVERY  INSTRUCTIONS  3  -­‐  Week  7  

To  propose  three  business  opportunities  between  selected  countries  and  Colombia.  

To  support  proposals  with  updated  figures.  
To  investigate  about  international  fairs  held  in  the  studied  countries  and  relate  them  to  business  
opportunities.  
 

3 POLITÉCNICO GRANCOLOMBIANO
 SCALE  OF  VALUES  OR  CRITERIA  

       
Assignments   Learning  result   Competent   Need  improvement  

To  research  about   Describe  and  understand   Describe  and  partially   Describe  and  
the  culture  and   the  culture,  economy  and   understand  the  culture,   understand  generalities  
economy  of  the   business  in  the  region.   economy  and  business   of  culture,  economics  
European  Union.       in  the  region.   and  business  in  the  
  region.  
 

To  prepare  a   Develop  a  document   Develop  a  document   Develop  a  document  

document  proposing   proposing  three  business   proposing  three   mentioning  two  or  two  
three  business   opportunities  Colombia   business  opportunities   or  fewer  business  
opportunities  of   with  the  region.     Colombia  with  the   opportunities  Colombia  
Colombia  with  the   Identify  the  most   region.     with  to  the  region.    
region.   important  companies  and   Identify  the  most   Identify  some  of  the  
to  identify  the  most   implicit  positions  in  the   important  companies   most  important  
important   integration  process  of  the   and  implicit  positions  in   companies  and  some  of  
companies  and   European  Union.   the  integration  process   the  positions  implicit  in  
implicit  positions  in   of  the  European  Union   the  integration  process  
the  integration   of  the  European  Union.  
process  of  the  
European  Union  

CULTURAL AND REGIONAL ECONOMY OF EUROPE 4